Over RM300 billion invested in Sarawak, says Petronas subsidiary chief

Dateline 2015-11-22, TMI:

Petrolian Nasional Bhd (Petronas) has a strong presence in Sarawak, with total cumulative investment of over RM300 billion in the upstream, midstream and downstream projects and activities, said LNG Group of Companies vice-president and chief executive officer (CEO) Dzafri Sham Ahmad.

He said for upstream, there were 60 oil and gas producing fields – 26 oil and 34 gas – producing an average of 850 kilo barrel oil equivalent per day (kboe/d).

“Additionally there are another 206 discovered fields which are yet to be monetised,” he said at the Petronas Media Nite 2015 in Kuching last night.

He said for midstream there were three facilities – Petronas LNG Complex in Bintulu; Petronas Train 9 project; and, the floating LNG facility.
For downstream, he said, there were currently two operating units in the state — Asean Bintulu Fertiliser plant which produced 0.6 million tonnes per annum (MPTA) of urea, making it Asia’s largest granular urea plant and 0.4 MTPA of ammonia.


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