HOW SABAH FARES IN THE NATION’S ETP

TERMINAL.....Sabah Oil and Gas Terminal in Kimanis.

SABAH is well positioned to play a major role in th the economic transformation program, as the state is well endowed with resources to interact fully with the 12 National Key Economic Areas (NKEA) to develop a high income economy.

The state’s NKEAs are sectors with a huge growth potential, namely, oil and gas, and energy, tourism, agriculture, palm oil, education, health, wholesale and retail, communication and infrastructure.

The oil and gas and energy sector is a particularly vibrant sector that will propel Sabah’s economic future. The involvement of more Sabah companies in Petronas contracts and ventures has increased the state’s sense of ownership of its soil and gas resources.

In supporting the development of oil and gas sector in the state, a training centre has been established by Petronas at the site of Sabah Oil and Gas Teminal (SOGT) in Kimanis. Other skills training to meet the needs of skilled workers in the oil and gas industry are offered by the MARA Skills Training Institute, the Industrial Training Institute in Kota Kinabalu and Papar, Pusat Giat Mara Kimanis and Yayasan Sabah College.

The Sipitang Oil & Gas Industrial Park (SOGIP) is expected to attract investments worth RM12 billion with the potential to offer 30,000 jobs when it is fully developed. The location of this park within the Sabah, Brunei and Labuan economic triangle will become a focal point of new oil and gas investments in that region.

Located within SOGIP, the SAMUR Project is a strategic development supporting the oil and gas industry in Sabah. The projects comprise an ammonia plant, a urea plant and a granulation plant, as well as integrated utility units and jetty facilities. The project involves the development of a new fertiliser plant with urea production capacity of 1.2 million metric tons per annum. The Samur Project Complex is expected to be ready in 2015.

Sabah Oil and Gas Teminal is one of PETRONAS’ key projects in Sabah. The terminal will have the  capacity to receive 260 kpbd (kilo barrels per day) of oil and 1,250 mmscfd (million standard cubic feet per day) of natural gas.

The progress in the oil and gas sector  gives Sabah a stong economic footing to embark on its quest for a high income economy  alongside other states in line with the country’s  economic transformation programme. - Insight Sabah