December 7, 2016 [The Borneo Post] - Petroliam Nasional Bhd’s (Petronas) Pengerang Integrated Petroleum Complex (PIPC) is on track to start up in the first quarter of 2019. This was among the highlights during Prime Minister Datuk Seri Najib Tun Razak’s visit to the complex on Monday, the 5th of December 2016, for a progress review of the US$27-billion mega development.
The PIC forms part of Malaysia’s ambitious 22,000-acre Pengerang Integrated Petroleum Complex (PIPC) under the Government’s Economic Transformation Programme to establish new engines of growth and push the nation into a new frontier of technology and economic development in the oil and gas downstream sector.
The development is also one of Petronas’ key projects that would deliver future growth for the national oil company and at the same time, complements the southern Johor economic corridor.
The project consists of a 300,000 barrels per day (bpd) refinery and a petrochemical complex designed to produce premium differentiated petrochemicals. It will meet domestic demand for petroleum products and Malaysian government’s future legislative requirements on the implementation Euro 5 specifications.
“The PIC is one of the largest industrial developments in the region as well as Petronas’ largest downstream investment to date. I am happy to report that the project is on track for overall start-up in the first quarter of 2019,” said Petronas president and group chief executive officer, Datuk Wan Zulkiflee Wan Ariffin, who accompanied Najib during the visit.
The development of the PIC also includes associated facilities such as the Pengerang Co-generation Plant (PCP), an LNG re-gasification terminal, a raw water supply project (PAMER), the Pengerang Deepwater Terminal, as well as Centralised and Shared Utilities and Facilities.
