Höegh Evi and Petroleum Sarawak Berhad (PETROS) have signed a Joint Development Agreement to develop the proposed Kuching Liquefied Natural Gas Terminal within the Kuching Low-Carbon Hub in Sarawak, Malaysia. The partners will jointly develop, own and operate the facility, which will include a floating storage and regasification unit (FSRU), mooring infrastructure, subsea and onshore pipelines, and onshore receiving facilities. First gas is targeted by the end of 2029, although the companies are assessing whether delivery can be accelerated. The terminal is intended to strengthen Sarawak’s energy security, meet rising demand, support power generation in Kuching and enable new industries. It will also offer small-scale LNG distribution, truck loading, bunkering, storage and reloading services. The companies plan to explore knowledge sharing, training and skills development to build local capabilities.