Petronas: Rapid project on schedule

KUALA LUMPUR (APRIL 5th 2012): Petroliam Nasional Bhd's (Petronas) Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, Johor, is progressing as scheduled.

Petronas said the pre-qualification exercise for the various tender packages will be done in stages, with the earliest expected in the third quarter.

The group said following the announcement by Prime Minister Datuk Seri Najib Razak on May 13 last year, a detailed feasibility study on the project was undertaken and completed in October.

It has since progressed to a front-end engineering design stage.

At the same time, Petronas is finalising the selection of potential partners and licensors for the various facilities within the project.

"The site topographical survey and soil investigation works have been completed, while the Environmental Impact Assessment Study is currently being performed," it said in a statement yesterday.

Bookmark and Share