Recently we had the opportunity to visit Pengerang Deepwater Terminals phase 2 in South Johor. The development is being undertaken by Pengerang Terminals (Two) Sdn Bhd (PT2SB), a dedicated terminal for PETRONAS Refinery and Petrochemical Integrated Development (RAPID) with a storage capacity of approximately 1.3 million metric for crude, refined petroleum and petrochemical products. PT2SB is a joint venture between DIALOG LNG Sdn Bhd, PETRONAS Gas Sdn Bhd and Johor state’s Permodalan Darul Ta’zim (PDT) comprises a regasification unit and two units of 200,000 metric LNG storage tanks.

Here, the private sector, the state government and the people are working hand in hand to build a project which will eventually be a game changer in the way we use our petroleum products to capture the most value from it.