Petronas, Aramco start naphtha cracker at new Pengerang refinery


UOB Kay Hian Research analyst Kong Ho Meng said while there have not been any large tenders awarded by Petroliam Nasional Bhd (Petronas), it expected contracts to be rolled out from next year. In Malaysia, he said, about 11% or about 35 of the over 300 platforms have been operating for over 40 years, and more than 200 wells have already been identified to be plugged and abandoned.

SINGAPORE: Petroliam Nasional Bhd (Petronas) and Saudi Aramco have started operations at their new 1.2-million-tonnes-per-year naphtha cracker, multiple sources familiar the matter said.

The sources added that naphtha was imported this month specifically for the cracker, which had started recently though an exact time frame could not be confirmed.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Petronas , Aramco , naptha cracker , Rapid , petrochemical ,

   

Next In Business News

Asian stocks ease, dollar drifts ahead of US Thanksgiving
Yinson Renewables secures US$59mil financing for Matarani solar project
Alliance Bank grows net profit to RM189.91mil in 2Q
Sime Darby's net profit jumps to RM800mil in 1Q
Bursa wraps up morning session slightly in red as decliners dominate
Axiata's 9M net profit surges ahead to RM1.17bil
CIMB posts 10% jump in net profit to RM2.03bil in 3Q
Hong Leong Bank's net profit rises to RM1.09bil in 1Q
MKH Oil Palm's FY25 prospects supported by strong demand for CPO
South Korea makes first back-to-back rate cuts since 2009

Others Also Read