LABUAN: The abandoned RM3 billion petroleum integrated oil refinery project under the Economic Transformation Programme (ETP) off Pulau Daat, here, will be revived to cater for the growing demand regionally.
Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansur said this was due to the positive development from neighbouring countries, which provided marine logistics facilities, oil terminal, container depot and other supporting port facilities.
He said the ministry, through
its agency Labuan Corporation,
was looking at turning Pulau Daat into an oil and gas hub to further boost the oil and gas sector on the island.
“If Pulau Daat’s oil refinery project fails to take off, we have
proposed Pulau Kuraman (as Labuan’s oil refinery processing hub), and if it cannot be considered, at least Pulau Daat’s project must continue,” he told a press conference on Sunday.
Tengku Adnan said the revival of the project would greatly spur the island’s economy and generate revenue for the country’s coffers.
He said the proposed Kuraman project was still awaiting the decision of the Economic Planning Unit and Public and Private Sector Partnership Unit under the Prime Minister’s Department.
The Pulau Daat project, jointly undertaken by Sabah-based RG Gas and Chemicals and China-owned Zhuhai Winbase International Chemical Tank Terminal Co Ltd, is said to create some 3,000 jobs for the locals during the construction phase.
He said the ministry is also studying the development of the RM37 million halal product distribution hub, RM27 million 18-hole Labuan International Golf Club and the Malaysia Fisheries Development Authority jetty.
“We are studying the economic viability of these projects for the island and people as a whole.
“Various transformation for the long-term development of the island is in the pipeline. Bernama
