Dialog has announced the expansion of Phase 3 of the Pengerang Deepwater Terminals (PDT) in Pengerang, Johor, southeastern Malaysia, following the entry into a conditional long term service agreement (LTSA) between Dialog Terminals Pengerang, (DTP5), Dialog Terminals and BP Singapore.
This conditional LTSA will add an additional 614 000 m3 of tank capacity for refined petroleum products and biofuels, with BP Singapore as the dedicated long-term customer. The completion date for this expansion is expected in mid-2028. This expansion represents another milestone in the group’s midstream development.
Launched in 2018, Phase 3 PDT is a key component in Dialog’s midstream development, reinforcing DIALOG’s commitment to developing Pengerang Deepwater Terminals into the largest petroleum and petrochemical hub in the Asia Pacific region. Phase 3 PDT comprises (1) common tankage facilities including shared infrastructure and dedicated deepwater marine facilities and the development of additional petroleum and petrochemicals storage terminals for multiple medium to long-term customers including oil traders, multinational oil companies, refineries, and petrochemical plants.
In March 2021, operations commenced for the initial 430 000 m3 storage capacity, with BP Singapore being the long-term customer. This infrastructure laid the groundwork for the scaling up of Phase 3 PDT, marking another strategic milestone in Pengerang Deepwater Terminals development. Upon completion of the current expansion of Phase 3 PDT, PDT’s total storage capacity will increase to approximately 1 million m3 across 48 tanks, effectively more than doubling its existing capacity of 430 000 m3. In parallel, the addition of five new operational berths will enhance marine handling capacity.
Envisioned as a one-stop integrated terminal, Phase 3 PDT provides Port and Marine Operations, Storage Tank Terminals and Common Facilities including deepwater jetty facilities, integrated berth planning, cargo handling, interconnecting pipelines across PDT, multi-product storage, integrated infrastructure solutions, and shared third-party utilities and services. The ‘plug and play’ model is designed to ease setup processes for both customers and investors. Furthermore, Phase 3 PDT is strategically positioned to support various downstream operations including those of refinery and petrochemical plants within the Pengerang Integrated Petroleum Complex and in Asia Pacific region.
The further expansion of Phase 3 PDT above is in line with Dialog’s progressive development plans for Phase 3 PDT and its strategy to continue increasing long-term recurring income for the Group. Phase 3 PDT will also unlock further opportunities for DIALOG’s engineering, construction, fabrication, and plant maintenance divisions to deliver integrated services and solutions.
