Petronas announces Johor for new refinery

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Petronas announces Johor for new refineryPetronas, the state-run Malaysian petrochemical company, has announced Johor to be the site of their new $20 billion crude-oil refinery. The new complex will also include a naphtha cracker and a petrochemical and polymer processor.  Johor was selected for its proximity to deep-water ports and shipping lanes, along with a high demand for energy in the area.

According to officials, the refinery will be capable of processing 300,000 barrels of gasoline, jet fuel, diesel and/or fuel oil a day.  Contracts for construction should be commissioned by the end of 2016.

 

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Petronas, the state-run Malaysian petrochemical company, has announced Johor to be the site of their new $20 billion crude-oil refinery. The new complex will also include a naphtha cracker and a petrochemical and polymer processor.  Johor was selected for its proximity to deep-water ports and shipping lanes, along with a high demand for energy in the area. According to officials, the refinery will be capable of processing 300,000 barrels of gasoline, jet fuel, diesel and/or fuel oil a day.  Contracts for construction should be commissioned by the end of 2016.  

Petronas announces Johor for new refineryPetronas, the state-run Malaysian petrochemical company, has announced Johor to be the site of their new $20 billion crude-oil refinery. The new complex will also include a naphtha cracker and a petrochemical and polymer processor.  Johor was selected for its proximity to deep-water ports and shipping lanes, along with a high demand for energy in the area.

According to officials, the refinery will be capable of processing 300,000 barrels of gasoline, jet fuel, diesel and/or fuel oil a day.  Contracts for construction should be commissioned by the end of 2016.

 

Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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