Petron head of retail Faridah Ali said the company's diesel and Ron 95 fuel are still using the Euro 2 standards at present and the company needs to upgrade the refinery to comply with Euro 4 standards.
"There will be an allocation (capital expenditure), but, as we are still at the initial planning, designing, drawing and tendering stage, it is too premature to put an amount to it," she added.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!