Malaysia’s Petronas sells rare atmospheric residue

August 9, 2022

From the article ‘rare’ is an adjective.

Dateline 2022-05-27, Argus:

Malaysian state-owned Petronas’ trading arm Petco has sold a rare atmospheric residue (AR) cargo for prompt-loading from Pengerang, as its refining and petrochemical joint venture with Saudi Arabia’s Saudi Aramco is in the process of restarting.

The 300,000 b/d Pengerang refinery and cracker complex, run by the PRefChem 50:50 joint venture between Petronas and Saudi Aramco, was shut after an explosion in March 2020, and restarts were delayed several times after. It possibly started feeding crude into its primary units in early-May, according to market participants.


Petronas-Aramco refinery in Malaysia restarts after 2-year closure: source

July 6, 2022

Dateline 2022-05-11, Arab News:

 A 300,000 barrel-per-day refinery-petrochemical complex in Malaysia run as a joint venture between Petronas and Saudi Aramco has restarted after a more than two-year closure, a source with knowledge of the matter said.

The complex in Pengerang, Johor, is resuming operations at a time when refining margins in Asia are at record levels, buoyed by a fuel demand recovery as more economies across Asia, except for China, ease COVID-19 restrictions.


Petronas-Aramco refinery in Malaysia restarts after 2-yr closure – source

June 17, 2022

Dateline 2022-05-12, Reuters:

A 300,000 barrel-per-day refinery-petrochemical complex in Malaysia run as a joint venture between Petronas and Saudi Aramco has restarted after a more than two-year closure, a source with knowledge of the matter said.

The complex in Pengerang, Johor, is resuming operations at a time when refining margins in Asia are at record levels, buoyed by a fuel demand recovery as more economies across Asia, except for China, ease COVID-19 restrictions.


Saudi Arabian Oil : Malaysia’s Petronas hopes to restart Pengerang refinery by year-end

October 6, 2021

Dateline 2021-09-26, Market Screener:

Malaysia’s Petronas hopes to restart its Pengerang refinery-petrochemical complex, a joint venture with Saudi Aramco, by year end, Arif Mahmood, Petronas’ executive vice president and CEO of downstream, said at the Platts APPEC 2021 conference.
The 300,000 barrel-per-day refinery complex in Johor was shut in March 2020 following a deadly fire. The Malaysian state energy firm in February delayed the restart of the complex to the second half of 2021 from the first.


Commentary: Ambitious oil facility in Pengerang, Johor a gamble given global climate change agenda

August 11, 2021

Dateline 2021-08-XX, Channel News Asia:

One of the most ambitious projects of Petronas, Malaysia’s national oil company, will soon be fully operational.

The Pengerang Integrated Complex (PIC), in the southern state of Johor, is poised to transform the country’s footprint in oil refining and petrochemical production. Spread across 2,550 ha and the result of a US$27 billion investment in partnership with Saudi Aramco, PIC will house a new site of downstream oil operations. However, at a time when the world is increasingly stressing the importance of green development and phasing out fossil fuels, are Malaysia and Petronas making the right bet?


Malaysia’s Petronas Chemicals pins hopes on Saudi Aramco JV

April 13, 2021

Dateline 2021-03-25, NikkeiAsia:

 Malaysia’s Petronas Chemicals Group is pinning its hopes on a long-awaited $16 billion Saudi-backed refinery and petrochemical project as it seeks to boost slumping profits while investigating possible new acquisitions, its top executive told Nikkei Asia.

The Pengerang Integrated Complex (PIC) joint venture in the southern state of Johor is a portion of the larger $27 billion Pengerang Integrated Petroleum Complex mooted in 2012. Saudi Aramco — Saudi Arabia’s national oil producer — is to supply half of the crude feedstock for the refining portion and share half of the output.


Malaysia’s Petronas delays Pengerang restart, sees challenging year

March 15, 2021

Dateline 2021-02-26, The Straits Times:

Malaysia’s Petronas on Friday (Feb 26) delayed the launch of its Pengerang Integrated Complex until the second half of the year from the first, but dismissed rumours partner Saudi Aramco was looking to exit the US$27 billion (S$36 billion) project.

The state oil firm Petronas said it faced another challenging year after booking a RM1.1 billion (S$361 million) loss for the final quarter of 2020, its third quarterly loss in a row, though higher prices and demand for liquefied natural gas (LNG) helped.

The world’s fourth-biggest LNG exporter had earned a profit of RM4.1 billion for the October-December quarter a year earlier.


Petronas nears restart at Malaysia’s Pengerang refinery

December 19, 2020

You mean, it has not been operating since the March 2020 fire? How many heads have rolled? Wait, where’s my list of ‘get out of jail free’ C-level listing?

Dateline 2020-11-30, Argus Media:

Malaysia’s state-owned Petronas is on course to restart its 300,000 b/d Pengerang refinery joint venture with state-controlled Saudi Aramco in the first quarter of 2021, adding more capacity to a struggling Asia-Pacific refining market.

The Pengerang complex in southern Malaysia has been shut since a fire in March. Petronas said late last week that the project is transitioning to commercial operations and a restart of the refinery and petrochemical plants is planned for the first quarter of next year, in line with previous expectations.

The project’s atmospheric residue desulphurisation trains are also expected to be ready for start-up in the first quarter. Repairs are continuing on the diesel hydrotreater, which is targeted to come on line in October-December 2021. Aramco owns a 50pc stake in the project and will supply half of its crude, with the option to increase this to 70pc once the refinery is fully commissioned.


Petronas: Easier access to cleaner energy with virtual pipeline system

October 9, 2020

Dateline 2020-09-08, The Star:

 As part of the company’s latest customer-centric solution to facilitate the growth of cleaner energy use across Peninsular Malaysia, Petronas recently launched the Virtual Pipeline System (VPS) solution via the Regasification Terminal (RGT) in Pengerang, Johor.

The VPS solution that was developed by the Gas & Power business of Gas and New Energy and marketed by Petronas Dagangan Bhd, delivers Liquefied Natural Gas (LNG) using trucks fitted with cryogenic tanks to off-grid customers.

Through the VPS solution, Petronas provides industries in Peninsular Malaysia that are not connected to the natural gas infrastructure with an option to switch to gas as an alternative form of cleaner energy.


PIPC in Pengerang is open for business

September 24, 2020

Dateline 2020-08-28, Malaysian Reserve:

Pengerang Integrated Petroleum Complex (PIPC) sits on a 22,000-acre area in Pengerang, to the south-east of Malaysia’s Johor state. The PIPC is designed to accommodate downstream oil and gas industrial facilities such as refineries and petrochemical plants, deep-water terminal and storage tanks, naphtha crackers, regasification plants and supporting facilities, as well as manufacturing plants and industrial parks.

To be developed over four phases from 2012 to 2037, the PIPC covers both core and non-core downstream activities. Included in the PIPC master plan are designated areas for related support services such as a plastic and fine chemicals park, a light and medium industrial park, a waste management center, an emergency response center, a logistics hub, a commercial hub and others.