Thursday, June 5, 2008

Production

Malaysia currently produces about 750,200 barrels of oil per day and 5 billion cubic feet of gas per day. For information on PETRONAS' historical productions of crude oil and natural gas



Refininery
Oil, in its crude form, has very few direct applications. To enhance its usage, crude oil first has to be processed or refined into many value-added petroleum products.


PETRONAS refines a wide range of petroleum products for domestic consumption as well as for export, including motor gasoline, diesel, lubricants, jet fuel, kerosene, naphtha and residual fuel oil. Its refining activities are undertaken by two refineries with a current combined capacity of 256,500 barrels per day (bpd).


i. In Malaysia , PETRONAS owns and operates the PETRONAS Kertih Refinery through wholly-owned subsidiary PETRONAS Penapisan (Terengganu) Sdn Bhd. The refinery, PETRONAS' first refinery located in the State of Terengganu , processes 40,000 barrels of Malaysian light, sweet crude oil per day. The refinery has been expanded to include a condensate splitting facility known as KR-2 with a rated capacity of 63,500 barrels per day of condensates. The naphtha produced is used as feedstock for the Aromatics plant adjacent to the refinery.


ii. In the State of Melaka , the PETRONAS Melaka Refinery Complex houses two refining trains. The first train, known as PSR-1, is owned and operated by PETRONAS Penapisan (Melaka) Sdn Bhd, a wholly-owned subsidiary of PETRONAS. Completed in 1994, the train has a capacity to process 100,000 barrels per day of Malaysian light, sweet crude and condensates.


iii. The Complex's second train, the PSR-2, is owned by Malaysia Refining Company Sdn Bhd, a joint venture between PETRONAS and Conoco. Operated by PETRONAS Penapisan (Melaka), the train commenced operations in phases from December 1998 and has a rated capacity of 100,000 barrels per day of sweet and sour crude.


Apart from PETRONAS' refineries, there are two other refineries owned and operated respectively by Shell and ExxonMobil. The country's combined refining capacity now stands at 546,500 bpd

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