MOSCOW (MRC) -- Malaysia's national oil and gas company Petronas has selected Axens as a technology provider for its refinery and petrochemicals integrated development (RAPID) project in Pengerang, Johor, as per Hydrocarbonprocessing.
RAPID is part of Petronas' Pengerang Integrated Complex (PIC) development, which includes six major associated facilities. Those are the Pengerang co-generation plant, re-gasification terminal 2, an air separation unit, the raw water supply project, the liquid bulk terminal as well as central and shared utilities and facilities.
Developed within a 6,242-acre site in Pengerang, Johor, PIC forms part of the Johor State’s Pengerang Integrated Petroleum Complex (PIPC), which is under Malaysia’s Economic Transformation Program (ETP) to establish new engines of growth for Malaysia; whilst meeting future energy requirements and strengthening Petronas’ position as a key player in the Asian chemicals market, focusing on differentiated and specialty chemicals.
RAPID is estimated to cost USD16 billion, while the associated facilities will involve an investment of about USD11 billion. PIC is poised for its refinery start-up by early 2019.
Rapid, part of Petronas’ larger Pengerang Integrated Complex project, will include a 300,000-b/d refinery, which is due to start up by early 2019 and will supply naphtha and liquid petroleum gas feedstock for the petrochemical portion of the complex. The complex will have the capacity to produce 7.7-million t/y of various petrochemicals.
As MRC reported earlier, in December 2014, Petronas chose technology from US-listed LyondellBasell for a 900-tonne a year polypropylene (PP) plant in its USD27 billion refinery and petrochemical integrated development (Rapid) project. The plant's engineering, procurement, construction and commissioning (EPCC) phase is scheduled to start in November 2015 and mechanical operations will begin in July 2018.
Petronas, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company wholly owned by the Government of Malaysia. The Group is engaged in a wide spectrum of petroleum activities, including upstream exploration and production of oil and gas to downstream oil refining; marketing and distribution of petroleum products; trading; gas processing and liquefaction; gas transmission pipeline network operations; marketing of liquefied natural gas; petrochemical manufacturing and marketing; shipping; automotive engineering; and property investment.
MRC