(EnergyAsia, April 7 2014, Monday) — Bowing to domestic pressure, Malaysia’s state-owned energy Petronas has decided to proceed with its hotly debated proposal to invest US$27 billion in an oil-petrochemical complex in southern Johor state. Last week, Petronas said it had approved the project’s final investment decision (FID) although it will delay the refinery’s start-up…
MALAYSIA: Petronas to proceed with US$27b Johor downstream complex, but delays start-up to 2019
Posted on April 7, 2014 by EnergyAsia