Singapore. Malaysia's state-owned Petronas plans to upgrade its refinery in Kerteh, Terengganu, by 2022 to produce higher quality fuels and expand the crude types it processes beyond Tapis, a company executive said.
Production of light sweet Tapis crude, once Malaysia's flagship grade, is declining, so the Kerteh refinery is looking to switch to other grades such as medium-sweet Kimanis, Petronas Penapisan (Terengganu) Managing Director and Chief Executive Officer Zabidi Ahmad said at a Platts conference this week.
"We're also looking at processing different condensate, probably [Australia's] North West Shelf or [Iran's] South Pars or Qatar's DFC [deodorized field condensate]," he said.
The Kerteh upgrade, which could be completed by 2022, will allow the refinery to produce fuels that meet Euro V standard specifications, although the refinery's capacity will remain unchanged, he said.
The refinery's primary units are a crude distillation unit and a condensate splitter.