President of China Petroleum Pipeline Bureau, Zhao Yujian (left) and Petronas Senior Vice President & CEO of Petronas Refinery and Petrochemical Corporation Sdn Bhd, Colin Wong Hee Huing exchanging documents after the signing ceremony.
KUALA LUMPUR: A consortium of China Petroleum Pipeline Bureau (CPP) & CPP Petroleum Engineering (M) Sdn Bhd has been signed on to build additional olefins storage units in Pengerang for Petroliam Nasional Bhd's unit.
Petronas said on Thursday its unit PRPC Refinery & Cracker Sdn Bhd (PRPC RC) recently signed the engineering, procurement, construction and commissioning (EPCC) contract for the facilities within the Pengerang Integrated Complex.
The national oil company said the consortium would undertake the EPCC for four 1,750MT butadiene bullet tanks; four 2,500MT propylene sphere tanks; and one 12,000MT double-walled cryogenic ethylene tank.
“The construction of the butadiene bullet tanks is expected to be completed by end 2018, while the propylene sphere tanks and the cryogenic ethylene tanks are scheduled to be ready by end Q1 and Q3 2019, respectively,” it said. The value of the contract was not disclosed.
The signing of the agreement was held in Langfang, China. Signing on behalf of Petronas was senior vice president and CEO of Petronas Refinery and Petrochemical Corporation Sdn Bhd (PRPC) Colin Wong Hee Huing; president of China Petroleum Pipeline bureau, Zhao Yujian and chief manager of CPP Petroleum Engineering (M) Sdn Bhd, Wang Haitao.
The Pengerang Integrated Complex, costing US$27bil, is the largest downstream investment ever undertaken by Petronas.
The complex is being built on a single site of 6,242 acres. The associated facilities comprise of the Pengerang Co-generation Plant (PCP), an LNG re-gasification terminal, a raw water supply project (PAMER), the Pengerang deepwater terminal, as well as centralised and shared utilities and facilities.
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