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The development includes the US$16 billion Refinery and Petrochemical Integrated Development Project (RAPID). This also involves the US$11 billion associated facilities, which are air separation unit, raw water supply, cogeneration plant, regasification terminal, deepwater terminal and utilities.
In June 2017, the Chief Minister of Sarawak, Abang Johari Openg, announced that Sarawak will establish a state-owned oil and gas exploration company. [24] On 4 July 2017, Abang Johari announced [25] that the petroleum company would be 100 percent owned by Sarawak and will work with Petronas on an equal basis. [26]
Oil refinery in Kerteh. Kerteh is the base of operations for Petronas in Terengganu, overseeing the oil platform operations off the state's coast as well as petrochemicals production, [1] natural gas processing [2] and crude oil refining. [3] The oil refinery began operating in March 1983 and reached full capacity by late 1983.
IOI is the largest vegetable oil-based oleochemical manufacturer in Asia—held under wholly owned entities IOI Oleochemical Industries Bhd and Pan Century Oleochemical Sdn Bhd with a combined capacity of over 750,000 tonnes per annum. [13] In 2021, IOI was ranked 8th on the Global Top 30 Specialty Oil Companies list. [14]
The operating company—Brunei LNG Sdn Bhd—is owned by the Government of Brunei (50%), [8] Shell Overseas Trading and Mitsubishi Corporation (both 25%). [16] [8] BLNG operates five LNG trains and produces 6.71 million tonnes every year of liquified natural gas. It has approximately 500 personnel. [17]
The Egyptian Natural Gas Holding Company (EGAS) is an Egyptian state-owned holding company, which owns and manages state stakes in different gas project. The company was established in August 2001. [2]
On 1 June 1992, Malaysia LNG Dua Sdn Bhd (MLNG Dua) was incorporated to manage and operate the second LNG plant of three trains with 2.6 Mtpa capacity each. Its first LNG was delivered in May 1995. On 8 November 1995, Malaysia LNG Tiga Sdn Bhd (MLNG Tiga) was incorporated to manage and operate the third LNG plant of two trains with 3.6 Mtpa ...
Petron Corporation is the largest oil refining and marketing company in the Philippines, [4] supplying more than a third of the country's oil requirements. It operates a refinery in Limay, Bataan with a rated capacity of 180,000 barrels per day (29,000 m 3 /d).