Abang Johari said Petchem will receive 160 million standard cubic feet per day of natural gas feedstock for the plant from Petronas. — Bernama pic
The plant, owned by state-linked Petchem, is expected to begin production in 2023, with an annual capacity of 1.7 million metric tons per annum of methanol. But he said his state administration is not contented with the existing development of the oil and gas industry in Sarawak, the reason being that the oil and gas products are still commodity base meant for exports.
“We will be intensely involved in developing the high value downstream products of oil and gas industries such as specialised and fine chemicals,” he said, adding that the state government will consider all feasible proposals to establish petro-chemical industries and will facilitate them accordingly.
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