| Sabah Gas Industries | |
| Type: | State owned |
| Successor: | Antara Steel Mills Petronas Methanol (Labuan) |
| Founder: | Government of Sabah |
| Location City: | Labuan |
| Location Country: | Malaysia |
| Owner: | Government of Sabah |
| Divisions: | Steel Chemicals Electricity |
Sabah Gas Industries Sdn Bhd was a state owned holding company based in Labuan, Malaysia. It was established in 1982 by the Government of Sabah for the downstream operations of Sabah natural gas resources.[1] The company owned and operated a 660,000-tonne per year methanol plant, a 600,000-tonne per year sponge iron factory, and a 79 MW natural gas-fired power station, all commissioned in 1984, after the gas pipeline from the offshore gas fields became operational.[1] [2] [3] The industries were supplied by natural gas from the Erb West and Samarang offshore fields.[1] [4] In the beginning of the 1990s, due to financial difficulties, the company was put for privatisation.[3] [5] In 1992, the methanol plant was sold to Petronas and operates today as Petronas Methanol (Labuan) Sdn Bhd.[1] [6] [7] The power station was sold to Sabah Electricity.[1] The sponge iron factory was bought by the affiliated companies of the today's Lion Group. The plant operates today as Antara Steel Mills Sdn Bhd.[8]