Pengerang Deepwater Terminal Welcomes First VLCC
Pengerang Deepwater Terminal located at southeastern tip of Johor, Malaysia has today received its very first Very Large Crude Carrier, the Liberian-registered MT Mesdar.
The 333-metre long vessel arrived from the Middle East to discharge its crude oil cargo at Phase 1 of the terminal.
The terminal’s crude oil tanks were commissioned in early March 2015 and to date, more than 100 vessels have used the terminal.
Phase 1 of the Pengerang Deepwater Terminal, owned by Pengerang Independent Terminals Sdn Bhd, a joint venture between Dialog Group Berhad (DIALOG) (46%), Royal Vopak (44%) and State Secretary, Johor (Incorporated) (10%), commenced operations in Q2 2014.
Phase 1 terminal has a storage capacity of approximately 1.3 million cubic metres together with six deepwater berths at a cost of RM 2 billion with the capability to handle storage, blending and distribution of crude oil, petroleum, chemical and petrochemical feedstock, products and by-products.
The Pengerang Deepwater Terminal, an Entry Point Project under the Economic Transformation Programme (ETP) is expected to be completed in 10-15 years when it will have the proposed storage capacity of 5mcm.
Upon completion, the Pengerang Deepwater Terminal will be able to handle the bulk breaking and bulk-building activities for crude oil, petroleum products and Liquefied Natural Gas.
Dialog is currently investing in the Pengerang Terminal Phase 2 Project, which involves the construction of the storage capacity of approximately 2.1 mcm and a deepwater jetty with twelve berths at an approximate total project cost of RM6.3 billion.
The company is also investing in the Pengerang LNG Project for the development of LNG regasification facilities comprising of a regasification unit and two units of 200,000 cubic metres LNG storage tanks with an initial send out capacity of 3.5 million tonnes per annum at a total estimated project cost of approximately RM2.7 billion.
