PETALING JAYA: Construction work on the RM1.3bil Asia Petroleum Hub (APH) in Johor, which has been stalled due to the lack of funding, is likely to be revived with the entry of a consortium led by Dubai-based Emirates National Oil Company (ENOC).
But with unresolved issues over control and ownership that have plagued the project, the new parties could face a tough challenge in completing the terminal that was originally scheduled to be ready in 2009.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
