First Phase Progress of PIPC

PIPC (Pengerang Integrated Petroleum Complex) is a 25-year development between 2013 and 2037 comprising four phases.

Phase 1 (2013-2019) saw two catalytic projects being developed. One of them, Pengerang Deepwater Terminals, is an oil and petroleum-product storage facility with a capacity of up to five million cubic metres, supported by deep water jetties. This was developed by Dialog Group Bhd with a RM14.71 billion investment.

The other project is the Pengerang Integrated Complex which comprises refinery and petrochemical facilities as well as supporting facilities developed by Petronas with a US$27 billion (RM119.8 billion) investment.

The federal and Johor governments have also developed critical infrastructure and social amenities in PIPC worth more than RM3 billion to support industrial growth.

RAPID Project, Pengerang, Johor

The RAPID project, which stands for Refinery and Petrochemical Integrated Development, is a large-scale integrated petrochemical complex that is being developed in Pengerang, Johor, Malaysia.

The project is led by Petronas, Malaysia’s state-owned oil and gas company, and is expected to cost around $27 billion. When completed, the RAPID project will have the capacity to process 300,000 barrels of crude oil per day, and will produce a range of refined petroleum products, including gasoline, diesel, and jet fuel, as well as petrochemical products such as ethylene, propylene, and butadiene.

The RAPID project is part of Malaysia’s Economic Transformation Program (ETP) and is expected to create significant economic benefits for the country. It is estimated that the project will create more than 70,000 jobs during the construction phase and around 4,000 permanent jobs once it is operational. The project is also expected to generate significant revenue for the Malaysian government and contribute to the development of the local economy in Johor.

 

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