Pengerang has potential as largest oil and gas hub in Asia


Yeah, Yazid!

Dateline 2017-02-24, Malay Mail:

The subdistrict of Pengerang in Johor thrives as a downstream oil and gas industry hub, with investment worth billions of ringgit as a result of brilliant strategies introduced by Johor Petroleum Development Corporation Berhad (JPDC).

JPDC, a subsidiary of Malaysia Petroleum Resources Corporation (MPRC), has a big hand in the development of the Pengerang Integrated Petroleum Complex (PIPC).

The complex situated in Pengerang, which sprawls over 8,093 hectares of land, is an integrated hub with an investment potential of RM221 billion (US$52 billion). Its facilities include liquefied natural gas (LNG) and petrol storage tanks, petrochemical plant, regasification plant, refinery, power plant and facilities to decompose naphthalene.

“JPDC is optimistic that it will attract more investment to PIPC,” said its chief executive Mohd Yazid Jaafar.

 

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