GCC
Saudi-Malaysian refinery CDU has begun to restart, says Petronas
Pengerang Refining and Petrochemical (PrefChem), a joint venture between Malaysia’s state oil firm Petronas and the Saudi Arabian Oil Company (Saudi Aramco), has begun to restart a crude distillation unit (CDU) at its oil refinery in Malaysia, Petronas told Reuters over email.
The Pengerang Refining development, part of Petronas’ $27 billion Pengerang Integrated Complex, houses an oil refinery capable of producing 300, 000 barrels per day and a petrochemical complex with a 7.7mn tonnes per year production capacity.
Locate in the southern Malaysian state of Johor, the project formerly known as RAPID (Refinery and Petrochemical Integrated Development) had to be shut down in April earlier this year after a fire damaged its atmospheric residue desulphurisation (ARDS) unit. The ARDS is scheduled to come back online in 2020, according to Petronas.
The Reuters report quoted sources saying that since repairs at the unit would take months, the refinery has modified the type of crude it processes to low-sulphur oil such as Murban crude from Abu Dhabi.
According to Refinitiv data, the refinery’s strong demand for Murban crude saw Malaysia’s imports of the oil jump to about 4.6 million barrels in June and July.
-
Banking & Finance2 weeks agoOman Oil Marketing Company Concludes Its Annual Health, Safety, Environment, and Quality Week, Reaffirming People and Safety as a Top Priority
-
Economy2 months agoMaal Card: What Oman’s New National Payment Card Means for Everyday Users
-
Leaders Speak2 months agoDhofar International Development and Investment Company: Driving Sustainable Growth and Strategic Synergies in Oman’s Investment Landscape
-
Events2 months agoOER Corporate Excellence Awards 2025 Honours Entities and Innovations in Oman
-
News2 months agoSheikh Suhail Bahwan, Chairman of Suhail Bahwan Group, Passes Away
-
News1 month agoOIG Appoints New CEO to Lead Its Next Chapter of Excellence
-
Economy2 months agoOman Unveils Official Omani Rial Symbol in Landmark Move to Boost Global Currency Presence
-
News1 month agoReport: How India & The Middle East Are Exploiting Immense Economic Synergies

You must be logged in to post a comment Login