Petronas sees commercial production this year at southern Malaysia refinery
[KUALA LUMPUR] State oil company Petronas said its massive refinery and petrochemicals complex in southern Malaysia, a US$27-billion joint venture with Saudi Aramco, will start commercial operations as planned by the end of the year, dismissing a report of a delay.
The refinery's atmospheric residue desulphurisation (ARDS) unit, hit by a fire in April, will begin operation by mid-2020, Petronas said in an email late on Wednesday.
"Petronas would like to clarify that its Pengerang Integrated Complex is in the middle of start-up activities and expected, as planned, to be in commercial operations by end of 2019," it told Reuters.
Last week, Platts said the fire had delayed commissioning of Pengerang Refining and Petrochemical (PRefChem), a part of the complex, to the second half of 2020, citing Aramco's comments in its prospectus for an initial public offering.
The project had been shut in April after fire damaged the atmospheric residue desulphurisation unit.
It consists of a 300,000 barrels-per-day (bpd) oil refinery and a petrochemical complex with annual production capacity of 3.3 million tonnes.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Anglo American says it received unsolicited buyout proposal from BHP
Oil settles lower as US business activity cools, concerns over Middle East ease
Orsted says Taiwan wind project to power TSMC on track for 2025 finish
Gold edges down as Middle East worries ebb
Oil rises as dollar slips, focus shifts to economic data
California to wrap up ExxonMobil plastics probe ‘in weeks’, AG says