SIPITANG : The Sabah Ammonia Urea (SAMUR) project here is 45.7 per cent complete as at May 25, 2013, said head of fertilisers and methanol business of Petronas Chemicals Group Bhd (PCG), Muhammad Shah Ali.
He said the progress of the project was encouraging. "We are confident to achieve 74 per cent completion by year-end," he said.
Muhammad Shah said two-thirds of the RM3 billion capital expenditure announced by PCG this year had been allocated to the fertiliser project in Sabah.
"The RM4.485 billion Samur project is expected to support the requirements of urea in Sabah when it is ready by August 2015," he said.
After the briefing, Musa was presented with a Sabah Oil and Gas masterplan by Petronas (downstream business) Chief Operating Officer/Executive Vice President Datuk Wan Zulkiflee Wan Ariffin.
Musa said the masterplan contained recommendations and proposals prepared by Petronas and key oil and gas players here to guide the State Government on suitable projects to be developed in Sabah.
Musa also attended a guided tour of the project site, about 160km from Kota Kinabalu, located within the Sipitang Oil and Gas Industrial Park.