Download PDF - ETP - Pemandu
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Business Opportunities<br />
In 2011, two additional business opportunities were included<br />
under the OGE NKEA, the Refinery And Petrochemical Integrated<br />
Development (RAPID) Project as well as the Sabah Ammonia<br />
Urea (SAMUR) Project. Both these projects are spearheaded<br />
by PETRONAS, and will be monitored in the OGE Steering<br />
Committee.<br />
Business Opportunity 1<br />
Process Improvements<br />
Global benchmarks of refining and petrochemical facilities<br />
demonstrate that significant process improvements can<br />
be expected with these types of facilities over time. These<br />
improvements typically translate into efficiency gains of 0.5 per<br />
cent per year representing an additional GNI contribution of RM<br />
3.4 billion. Improvement of overall processes and structure in the<br />
electricity generation sector is expected to add RM 1.5 billion of<br />
GNI contribution.<br />
Business Opportunity 2<br />
Economic Growth<br />
Malaysia has targeted a GNI growth of 5.9 per cent per annum.<br />
Achieving this is expected to raise consumption by 3 per cent and<br />
will have a knock-on effect on the oil, gas and energy sector. The<br />
increased consumption will require an additional two gigawatts<br />
of installed capacity to be built at a cost of RM9.6 billion, creating<br />
an estimated 2,500 jobs and adding RM11.2 billion to GNI. The<br />
additional transmission and distribution of this energy will create<br />
a further RM5.6 billion GNI and require an investment of RM12.4<br />
billion.<br />
Business Opportunity 3<br />
Project RAPID (Refinery and Petrochemical<br />
Integrated Development)<br />
PETRONAS is spearheading the development of Project RAPID<br />
(Refinery And Petrochemical Integrated Development) in<br />
Pengerang, Johor. Still at the detailed feasibility study stage,<br />
RAPID will comprise a crude oil refinery with a refining capacity<br />
of 300,000 barrels-per-day, a naphtha cracker with a combined<br />
annual production capacity of approximately three million<br />
tonnes of ethylene, propylene, C4 and C5 olefins and a further<br />
development of about 22 mini petrochemical complexes.<br />
NKEA: Oil, Gas and Energy EPP 11 – EPP 12 and Business Opportunities<br />
RAPID will be the largest green-field investment within the Asia<br />
Pacific region. RAPID is set to leverage on opportunities opened up<br />
by global mega trends in technological advancements, increasing<br />
consumer awareness and affluence. Through this project,<br />
PETRONAS is set to further expand and diversify its petrochemical<br />
business through volume growth, a more diversified product<br />
base and more importantly, a greater focus on premium specialty<br />
chemicals industry in the vibrant Asia Pacific market.<br />
RAPID’s project feasibility is expected to be completed by December<br />
2011 and if approved, earthworks will start by Q2 2012.<br />
Business Opportunity 4<br />
Project SAMUR (Sabah Ammonia Urea)<br />
Sabah Ammonia Urea (SAMUR) Project is a project by Petronas<br />
Chemicals Group Berhad (PCG) to build an Ammonia Urea<br />
Complex in Sipitang Oil and Gas Industrial Park (SOGIP), Sabah.<br />
This project is one of the strategic developments in supporting<br />
the oil and gas industry for Sabah and will consist of an ammonia<br />
plant, a urea plant and a granulation plant, as well as integrated<br />
utility units and jetty facilities. The ammonia plant will produce<br />
2,100 metric tonnes per day (mtpd) of liquid ammonia while the<br />
urea plant will produce 3,500 mtpd of granulated urea.<br />
Construction is expected to start in Q2 2012 with completion<br />
targeted in 2015.<br />
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