14.12.2012 Views

Download PDF - ETP - Pemandu

Download PDF - ETP - Pemandu

Download PDF - ETP - Pemandu

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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 />

49

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!