Monday, October 16, 2006
The Kimanis plan ... yet to be realized
Materialization of a new O&G terminal ... will this be also a materialization of a personal plan of a particular person ? wait and see and pray for the best.
Isn't fun to plan ... and to hope ... and if "tak jadi" ... to re-plan ... again and again :)
Map source ... http://fallingrain.com/world/MY/16/Kimanis.html
September 14, 2005 16:52 PM
PETRONAS New Oil And Gas Terminal To Be Built In Kimanis
KOTA KINABALU, Sept 14 (Bernama) -- Petroliam Nasional Bhd (PETRONAS) will construct a new oil and gas terminal in Kimanis, about 50 km from here to receive and transfer crude oil and natural gas from the deepwater oil and gas fields in the state, said Chief Minister, Datuk Seri Musa Aman.
The decision to construct the terminal was agreed upon after several meetings with the president and chief executive officer of Petronas, Tan Sri Hassan Marican, he told reporters after chairing his cabinet meeting, here Wednesday.
The new terminal would have a capacity to receive and transfer up to 300,000 barrels of oil per day and 1,250 million standard cubic feet of gas per day, he said.
Musa said the terminal to be operated by Petronas would require an area of between 50ha to 52ha and it was expected to cost between RM874 million and RM988 million.
When asked when the terminal would be operational, Musa said it was expected to be fully operational by January 2010.
Musa said the decision to have new oil and gas terminals came because of the existing crude oil terminal in Labuan and natural gas terminal in Kg Gayang had small production capacities.
Explaining further, Musa said the state needed more plants with greater production capacities as several deepwater oil and gas fields had been discovered in the deepwater areas North West of Sabah since 2000 after intensive exploration activities undertaken by the company through its product sharing contractors in offshore Sabah.
"The major discoveries included those in Kamunsu, Kebabangan, Kikeh, Limbayong, Gamusut/Kakap, Malikai, Ubah Crest and Kinabalu fields," he said.
From 2000 until today some 1.4 billion barrels of oil and about 7.7 trillion cubic feet of natural gas have been discovered in those areas.
Kimanis was picked because it has deeper seafront, which is suitable for crude oil export and is located at the centre of the offshore fields which make the project cost effective in terms of pipeline distance, he said.
He said in addition nearby towns such as Kuala Penyu and Papar would also benefit in terms of infrastructure and support service development. Musa said a skill-training centre for youth would be constructed near the terminal to provide technical training needed by the oil and gas industries.
Petronas has also agreed to build an ammonia and urea plant in the state at a cost of RM1.52 billion and the site for this project has yet to be identified, he said.
He said the economic spin off and job opportunities following the building of the terminal would be significant and it would help contribute to Sabah's economic development in a big way.