Oil
PETRONAS adds value to the crude oil produced by our exploration and production operations through our integrated oil business that encompasses refining, marketing, trading and retail operations. Comprising a range of significant grades from various regions, the crudes are traded and marketed internationally as well as processed into petroleum products at our refineries for both domestic and export markets. We own and operate four refineries with a total refining capacity of more than 448,000 barrels per day. The petroleum products from these refineries are marketed through our network of service stations in several countries, including in Indonesia, Malaysia, South Africa, Sudan and Thailand.
Petrochemicals
PETRONAS’ venture into the petrochemical industry adds further value to the nation’s gas resources. We partner foreign multinational companies to acquire the best petrochemical expertise and technological know-how. With adequate feedstock via the Peninsular Gas Utilisation (PGU) pipeline, PETRONAS is positioning Malaysia to be a competitive petrochemical hub with the establishment of two integrated petrochemical complexes (IPCs) with superior logistics and infrastructure capabilities.
The Kertih IPC and the Gebeng IPC provide ready sites for petrochemical plants with the provision of industrial gases and utilities via the Centralised Utility Facilities, ports and a railway link for a more efficient delivery system.
Since 1992, the IPCs have grown to become home to more than 20 petrochemical plants. The IPCs are aimed to enhance competitiveness through the establishment of synergistic linkages and integration both within plants as well as between common infrastructure and support facilities, making the entire manufacturing process more cost effective and efficient.
PETRONAS is also promoting the plastics manufacturing sector by developing the Kertih Plastics Park to take advantage of readily available feedstock from the adjacent IPC.