KUALA LUMPUR: Kuantan Port Consortium Sdn Bhd has projected liquefied carbon dioxide (CO2) handling to reach five million tonnes per year by 2030 in the first phase, potentially rising to 30 million tonnes per annum by 2050.
Kuantan Port chief commercial officer Mazlim Husin said the port has collaborated with Petroliam Nasional Bhd (PETRONAS) on carbon capture and storage, which could see liquid cargo playing a more important role at the port.
He said PETRONAS has signed an agreement to lease or sublease approximately 60ha at Kuantan Port for the development of a terminal.
“We have a collaboration with PETRONAS at Kuantan Port. There are about 60ha to be leased or subleased by PETRONAS from us, in which there’s going to be a terminal,” he said during the CEO Panel: Ports and Shipping at the LogiSYM Malaysia 2026 conference recently.
“There will be an importation of liquefied CO2, for example, from Japan. It will be shipped by a special vessel from Japan to Kuantan and discharged into the PETRONAS terminal,” he said.
The CO2 will be prepared according to required specifications and pressurised before being transported via a 250km pipeline to be injected into permanent geological storage sites offshore.
He said Kuantan Port could foresee that liquid cargo is going to play a significant role in its future cargo mix. — Bernama
