Linde, Petronas Gas team up to in­vest €150 mil­lion in gas fa­cil­ity

The Sun (Malaysia) - - MEDIA & MARKETING -

KUALA LUMPUR: Sup­plier of in­dus­trial and med­i­cal gases Linde Malaysia Sdn Bhd has es­tab­lished a joint-ven­ture com­pany with Petronas Gas Bhd named Pengerang Gas So­lu­tion Sdn Bhd (PGS), which will in­vest 150 mil­lion (RM620 mil­lion) in an in­dus­trial air gas fa­cil­ity to sup­ply the needs of the Petronas’ Re­fin­ery and Petro­chem­i­cals In­te­grated Com­plex within the Pengerang In­te­grated Petroleum Com­plex.

PGS has se­cured long-term agree­ments for the sup­ply of oxy­gen and ni­tro­gen to the world-scale re­fin­ery and petro­chem­i­cal com­plex, which in­cludes an eth­yl­ene ox­ide/eth­yl­ene gly­col plant. PGS will build two large air sep­a­ra­tion units and as­so­ci­ated gas fa­cil­i­ties.

“This ma­jor on-site project en­ables us to lever­age the tech­ni­cal and ex­e­cu­tion ex­per­tise of our en­gi­neer­ing di­vi­sion and the op­er­a­tional know-how of our gases di­vi­sion in close co­op­er­a­tion. It fur­ther strength­ens our mar­ket po­si­tion as the lead­ing air gases sup­plier to the oil and gas and petro­chem­i­cals sec­tor,” Linde AG CEO Dr Wolf­gang Buechele said in a state­ment.

Asia is a key growth mar­ket for Linde Group and it is the mar­ket leader with over 50 years as the lead­ing in­dus­trial air and med­i­cal gases sup­plier in Malaysia. This is Linde’s sec­ond joint ven­ture with Petronas Gas.

Linde’s first joint ven­ture with Petronas Gas, In­dus­trial Gases So­lu­tions Sdn Bhd (IGS), is an air gases trad­ing com­pany. Linde to­day, through IGS, also sup­plies gases to Petronas’ sub­sidiaries in Malaysia, in­clud­ing its Kerteh and Gebeng petro­chem­i­cal com­plexes.

Linde’s en­gi­neer­ing di­vi­sion, which will de­sign and con­struct PGS’s air sep­a­ra­tion units, also con­cluded the en­gi­neer­ing, pro­cure­ment, con­struc­tion and com­mis­sion­ing con­tracts with PGS.

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