(EnergyAsia, November 13 2014, Thursday) — Malaysian state energy firm Petronas said it will fully own Malaysian Refining Company Sdn Bhd (MRC) when it completes the buy-out of its US partner’s 47% stake for US$635 million in cash. Petronas will take full control of MRC’s 170,000 b/d refinery in Melaka state on the west coast…
MALAYSIA: Petronas to acquire remaining 47% stake in Melaka refinery for US$635 million
Posted on November 13, 2014 by EnergyAsia