Monday, 22 July 2024

Sarawak premier launching RM7 billion methanol complex, capable of producing 1.75 million metric tons of methanol annually

 

By Henry Tiong

BINTULU, July 22, 2024
- Sarawak Premier Tan Sri Abang Johari Openg today launched the state-of-the-art RM7 billion Sarawak Methanol Complex, a testament of the state leadership’s commitment to transform Bintulu into a petrochemical hub in the region. 

Premier Datuk Patinggi Abang Johari Openg says Sarawak Methanol Complex representing another major investment in the state . File picture

The complex is capable of producing up to 1.75 metric tons of methanol annually.

He said it stands as proof that with sheer determination, teamwork and perseverance, the state can overcome challenges in undertaking such a massive and sophisticated project.

“This complex represents another major investment in Sarawak, serving as a catalyst for more economic development in this region, driving job creation, fostering sustainable growth and social inclusivity,” Abang Johari said.

He said the realization of the complex also marks the state’s entry into the petrochemical industry and emergence as a significant player in the global methanol market.

On the exchange of Memorandum of Understanding (MoU) between the complex’s owner and operator Sarawak Petchem Sdn Bhd and Sarawak Petroleum Sdn Bhd (Petros), he said the state oil company will supply another new 160  Million standard cubic feet per day  (MMSCFD) of natural gas to Sarawak Petchem.

He said the supply of the natural to Sarawak Petchem is an integral of the Sarawak gas roadmap fpr the new low carbon ammonia and urea plant project in Bintulu.

“This is another downstream activity and we believe ammonia as basis for us to produce urea for the production of fertiliser that is important for our agriculture sector,” he said, adding that fertliser is important to ensure food security.

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