Pengerang Energy Complex boosts Asia’s petrochemical supply chain
Published by Oliver Kleinschmidt,
Assistant Editor
Hydrocarbon Engineering,
The Pengerang Energy Complex has leveraged the Pengerang Deepwater Terminal to boost Asia’s petrochemical supply chain.
The upcoming Pengerang Energy Complex (PEC) is strategically integrated within the Pengerang Integrated Petroleum Complex (PIPC), aligning with Malaysia’s Economic Transformation Programme in support of the nation’s ambitions to become a regional oil, gas, and petrochemicals hub.
PEC looks to leverage the direct proximity and connectivity to the Pengerang Deepwater Terminal (PDT), a next-generation port and storage facility that has been operational since 2014 and is recognised as Southeast Asia’s first project of its kind.
PDT is a naturally sheltered deepwater facility located along key shipping routes in Southeast Asia. Currently operating 20 berths with 24 m deep jetties capable of accommodating fully-laden very large crude carriers (VLCCs) and Q-Max LNG vessels, PDT is designed for phased expansion. When fully developed, PDT is expected to span approximately 1200 acres with additional berths and terminal facilities.
PEC’s site integration with a terminal that sits near major shipping lanes such as the Malacca and Singapore Straits will allow exports to be easily shipped globally. This is enhanced by its strategic location next to the regional oil trading hub in Singapore, which will allow it to further boost the global petrochemical supply chain.
“Access to an advanced deepwater terminal will enable us to be more efficient as well as effective, as we will be able to easily export to and from most countries. This is important as our exports will include aromatics products such as paraxylene, a vital building block for the polyester and plastics production, while the deepwater jetties will allow feedstock such as crude condensate to be imported easily,” said Alwyn Bowden, CEO of Pengerang Energy Complex Sdn Bhd.
The PEC project is expected to generate significant economic benefits, including technology transfer, employment opportunities, and enhanced trade flows.
Singapore-based petrochemicals, green energy and natural resources conglomerate, ChemOne Group, master developer of the PEC, further added that discussions related to its project are progressing well.
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/10062025/pengerang-energy-complex-boosts-asias-petrochemical-supply-chain/
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