Petroliam Nasional Bhd’s (Petronas) subsidiary PRPC Refinery and Cracker Sdn Bhd has awarded the engineering, procurement, construction and commissioning (EPCC) contract for the development of additional olefins storage facilities within the Pengerang Integrated Complex (PIC).
The EPCC contract was awarded to a consortium of China Petroleum Pipeline Bureau (CPP) and CPP Petroleum Engineering (M) Sdn Bhd.
Under the contract, the consortium will carry out the EPCC for four 1,750 metric tonnes (MT) butadiene bullet tanks, four 2,500MT propylene sphere tanks and one12,000MT double-walled cryogenic ethylene tank, as well as to provide the necessary utility systems.
The construction of the butadiene bullet tanks is expected to be completed by end-2018, while the propylene sphere tanks and cryogenic ethylene tanks are scheduled to be ready by the end of the first-quarter (1Q) and 3Q in 2019 respectively.
The signing of the agreement was held in Langfang, China. Present to sign the contract were Petronas Refinery and Petrochemical Corp Sdn Bhd senior VP and CEO Ir Dr Colin Wong Hee Huing, CPP president Zhao Yujian and CPP Petroleum Engineering chief manager Wang Haitao.
The US$27 billion (RM116.1 billion) PIC is the largest downstream investment ever undertaken by Petronas.
Developed on a 2,526ha site, the PIC is supported by associated facilities which comprises the Pengerang co-generation plant, a liquefied natural gas regassification terminal, a raw water supply project, the Pengerang Deep-water Terminal, as well as centralised and shared utilities and facilities.