Work on Pengerang energy complex to start by mid-2020

Pengerang Energy Complex Sdn Bhd (PEC) was established in Malaysia to develop one of the largest and most competitive aromatics plants in the world, to be located in the strategic Pengerang Refinery and Petrochemicals hub in Johor.

KUALA LUMPUR: Construction of the RM14.3bil Pengerang Energy Complex (PEC) will start by mid-2020, with commercial production set to commence in the fourth quarter of 2023, said the Ministry of International Trade and Industry (MITI).

Upon its completion, the PEC will be one of the world’s largest integrated condensate splitter and aromatics facility, capable of producing 150,000 barrels per day and generating US$5 billion (US$1=RM4.14) in annual export turnover for Malaysia, it said in a statement on Monday.

MITI said the information was disclosed during a meeting between its minister, Datuk Darell Leiking and the Pengerang Energy Complex Sdn Bhd on Feb 13.