On September 17th 2002, Petroplus International submitted
a planning application to Pembrokeshire County Council (PCC)
for the development of a Liquid Natural Gas (LNG) Terminal at
its site at Waterston, Milford Haven, for which planning permission
was granted at the end of 2004.
In the period following granting of development consent the project
has gained further momentum and has been formally named the Dragon
LNG terminal. In November 2004, BG
Group, a global natural gas business with its headquarters
in the UK, and Petronas, Malaysia's national petroleum corporation,
formally entered into the project.
The 20% shareholding of Dragon LNG was transferred from Petroplus International to 4Gas in 2006.
