Malaysia's state energy firm Petronas expects to start offering oil product...
HOUSTON - Malaysia’s state energy firm Petronas expects to start offering oil products from its new refining-petrochemical complex in April as the project moves toward full commercial production in October, a senior company official said.
The initial products would not meet commercial specification yet as trial runs are still under way, Arif Mahmood, Petronas’ executive vice president and CEO of downstream, said on the sidelines of the CERAWeek energy conference in Houston. The $27 billion Pengerang Integrated Complex was completed in five years, Arif said. Petronas and Saudi Aramco jointly own the refining complex which has a capacity of 300,000 barrels per day .
Fuel production from the new refinery will balance Malaysia’s gasoline supply and demand, and will allow it to export diesel from the new refinery, Arif said.
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