Construction takes place at a Refinery and Petrochemical Integrated Development (RAPID) project site in Pengerang, in Malaysia's southern state of Johor in this October 6, 2015 file photo. Indonesia, Malaysia, and Brunei, which rely heavily on energy revenues, are running out of oil. Reuters research based on government, industry and consultancy data shows they could run dry within the next 25 years. To match story SOUTHEAST ASIA-OIL/ REUTERS/Edgar Su/Files
KUALA LUMPUR: Pengerang Integrated Petroleum Complex’s (PIPC) goals to be the regional oil and gas (O&G) storage hub by 2035 could be postponed, according to Johor Petroleum Development Corp Bhd chief executive officer Mohd Yazid Ja'afar.
"Under the current environment, investors are holding back their investments.
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