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Brunei Methanol Company Stakeholder Relation Meeting With Liang-Lumut Community

Lumut,13thApril 2009 - Brunei Methanol Company Sendirian Berhad (BMC) held its stakeholders’ relation meeting with the Liang-Lumut Community, in order to provide with progress of the methanol plant and to ensure that the Community have no anxiety about the project development. It was held at Liang Lumut Recreational Club.

The dialog began with the Welcoming Remarks from Mr Kinya Tsuji, BMC Chief Executive Officer, stated that the country would benefit from these intangible benefits by promoting the transfer of technology, expertise, management skills and work ethics associated with running a highly-complex operation like the methanol project.

Leading the presentation of methanol plant progress for BMC was its Plant General Manager, Pg Hj Mohd Supri bin Pg Hj Chuchu. In his presentation, he shared the progress that BMC have made thus far. At present, the Methanol Project is in the construction phase where most of major equipment installation works have taken place. Apart from the methanol plant project, plan have been unveiled plans to construct the laying of undersea pipelines for marine Export Facilities of the methanol products while will be constructed by BEDB and tits contractor. The infrastructure is expected to be completed by the mid of February next year.

The project involves a total investment of more than half a billion US dollars, with the construction of the plant itself costing approximately USD400 million. The methanol plant which will have a production capacity of 850,000 metric tonnes/year will be located on a 16-hectare site within an industrial park situated at Sungai Liang.

At the end of the methanol plant project, questions and answers session were held by panel of five members comprising from BMC, SLA and MHI. The panel was chaired by Chief Executive officer of BMC, Mr Kinya Tsuji.

Date: Description:

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