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KUCHING, Oct 7: Samsung Engineering, one of the world’s leading engineering, procurement, construction and project management (EPC&PM) companies, has expressed eagerness to develop a green hydrogen and ammonia project dubbed the H2biscus Project in Bintulu.
Chief Minister Datuk Patinggi Abang Johari Tun Abang Openg and Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan led the State team in an online engagement session with the South Korean consortium to gain insights into the project and its benefits to both South Korea and Sarawak yesterday (Oct 6).
Samsung Engineering president and chief executive officer (CEO) Sungan Choi had presented the “Malaysia Sarawak H2biscus Green Hydrogen/Ammonia Project” to the President and the ministers of the Republic of Korea during the announcement of “Korea Government Hydrogen Economy and Society Development Strategy”, which highlighted the Korean government’s hydrogen economy achievements and features.
In his presentation, Choi pointed out that three major Korean companies namely Posco, Lotte Chemical and Samsung Engineering will be taking an active role in developing the entire cycle of the project, which includes direct investment, construction, transportation and utilisation.
He also mentioned that the wide range of eco-friendly products that the project will be producing, such as green hydrogen, green and blue ammonia, green methanol and CCU.
According to a statement from the Chief Minister’s Office today, the Sarawak H2biscus Green Hydrogen/Ammonia Project will be sponsored and developed by the Posco, Lotte Chemical, Sarawak Economic Development Corporation (SEDC) through its subsidiary SEDC Energy and Samsung Engineering consortium.
The project is expected to produce 7,000 tonnes/year of green hydrogen for Sarawak’s domestic use, 600,000 tonnes/year of blue ammonia, 630,000 tonnes/year of green ammonia and 460,000 tonnes/year of green methanol.
The pre-feasibility study has been completed and the feasibility study is expected to commence this year. The contracts for the FEED and EPC are scheduled to be awarded in following year.
Choi emphasised that the project will serve as an exemplary project of international standing for renewable energy trading and hydrogen transportation between Korea and Malaysia, establishing hydrogen-related standards for the two countries.
Meanwhile, Samsung Engineering is currently executing the Sarawak Petchem methanol plant project in Bintulu, which is expected to produce 5,000 tonnes of methanol per day.
Samsung Engineering is channeling its efforts to be a “Beyond EPC Green Solution Provider,” providing green infrastructure and energy optimisation services through process analysis based on digital twin.
It aims to transform the energy industry by developing new hydrogen-related technologies and CCUS technology.— DayakDaily