Petronas Invests US$27 Billion To Build Pengerang Integrated Complex
KUALA LUMPUR, Nov 3 – Petronas is investing about US$27 billion (RM89.3 billion) to build its Pengerang Integrated Complex (PIC) in Johor with the official groundbreaking for its Pengerang Co-Generation Plant (PCP) here today. Petronas Vice President, Infrastructure and Utilities Ir. Pramod Kumar Karunakan said the PCP is expected to power the entire PIC, generating 1,220 megawatts of electricity as well as providing a reliable and continuous supply of steam of up to 1,480 tonnes per hour for plants within the complex.
Pramod said the PCP, to be built by a consortium comprising Siemens AG, Siemens Malaysia and MMC Engineering Sdn Bhd, will have four co-generation units, with the first unit expected to be commercially operational by mid-2017. “As one of the most critical support facilities developed within the PIC, the PCP will play an important role in providing reliable steam and power to meet the requirements of the plants within the PIC area and supplement the needs of the Peninsular Power Grid,” he said in a statement issued by Petronas Media Relations Group Strategic Communications.
Also present at the launch were Johor Public Works, Rural and Regional Development Committe Chairman Datuk Ir. Hasni Mohammad, Petronas Chief Operating Officer and Executive Vice President and Chief Executive Officer (CEO) Downstream Datuk Wan Zulkiflee Wan Ariffin, and Siemens Power and Gas Division CEO Dr Roland Fischer.
The statement said Petronas’ PIC will house the Refinery and Petrochemicals Integrated Development (Rapid) project and other ancillary facilities which, apart from the PCP, include the Pengerang LNG Regasification Terminal, Air Separation Unit, Raw Water Supply Project (Pamer), Crude and Product Tanks as well as centralised and shared utility facilities.
Developed within a 2525.643-hectare site, the PIC is poised for its refinery start-up in early 2019, and developed to establish new engines of growth for Malaysia. It is also expected to strengthen Petronas’ position as a key player in the Asian chemicals market, focusing on differentiated and specialty chemicals.
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