Malaysia's Petronas to delay start-up of Johor petrochemical complex

Malaysia's state-owned oil and gas company Petronas is delaying the start-up of its huge RAPID refining and petrochemical complex in the southern state of Johor until mid-2019, back from early that year, its top executive said on Monday. 

PHOTO: REUTERS

MAY 18, 20151:24 PM

[KUALA LUMPUR] Malaysia's state-owned oil and gas company Petronas is delaying the start-up of its huge RAPID refining and petrochemical complex in the southern state of Johor until mid-2019, back from early that year, its top executive said on Monday.

"For the refinery, the start up will be middle of 2019. That is the current schedule," President and Group Chief Executive Officer Wan Zulkiflee Wan Ariffin said on the sidelines of the Asia Oil and Gas Conference in Kuala Lumpur.

All of the engineering, procurement and construction contracts have been awarded for the refinery, while the petrochemical plant is still being tendered, he said.

REUTERS