More info are pouring over the news and internet since its announcement yesterday by our PM. So, below are a few of them extracted from main stream media.
RAPID : Refinery And Petrochemical Integrated Development
(in Malay: Pembangunan Bersepadu Penapisan Minyak Dan Petrokimia)
Capital Expenditure (CAPEX) : RM 60 billion (US$ 20 billion)
Location : Pangerang, Johor on a 1,000 hectares of land
Facilities & Capacity :
Crude oil refinery - 300,000 barrels/day (will add up to the current refining capacity from 635,300 barrels/day to 935,300 barrels/day)
Naphtha cracker - 3,000,000 tonnes of ethylene, propylene, C4's and C5's olefins
Petrochemical and polymer complex - unknown capacity (producing highly-specialised products from propylene and ethylene oxide derivatives)
LNG re-gassification and receiving terminal - potential
Other related infrastructure such as pipelines, tankages, logistics and warehouse facilities
Facts :
Exceeding the combined refining capacity of Melaka and Terengganu PETRONAS refineries
Exceeding the combined petrochemical production of Integrated Petrochemical Complex in Gebeng and Kerteh
4,000 job opportunities when RAPID is completed in 2016
20,000 job opportunities when RAPID is in construction between 2012 to 2016
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