Petroliam Nasional Berhad (PETRONAS), has selected Axens as a technology provider for PETRONAS’ Refinery and Petroliam Integrated Development (RAPID) project located in Pengerang, Johor, Malaysia. RAPID is part of PETRONAS’ Pengerang Integrated Complex (PIC) development, which includes six major associated facilities, namely the Pengerang Co-generation Plant, Re-gasification Terminal 2, Air Separatioin Unit, Raw Water Supply Project, Liquid Bulk Terminal as well as central and shared utilities and facilities. This Re-gasification terminal will generate a cryogenic pump opportunity of $1 million USD.
RAPID is estimated to cost $16 billion USD while the associated facilities will involve an investment of about $11 billion USD. PIC is poised for its refinery start-up by early 2019.