PGPP is part of the expansion of Malaysia’s Peninsular Gas Utilization pipeline network (OGJ Online, Sept. 18, 2000) to the RAPID complex, subsidiary Petronas Gas Bhd. said in an Apr. 23 filing with Bursa Malaysia.
Other associated installations to be included in RAPID will be Regasification Terminal 2 (RGT2), an air-separation unit, as well as crude and product tanks, the company said.
Petronas said it currently estimates RAPID will cost $16 billion, while associated installations for the project will involve an additional investment of about $11 billion (OGJ Online, July 25, 2014).
RAPID’s refinery start-up is scheduled to take place by early 2019, the company said.