Malaysia’s Petronas said to partner Aramco for refinery plans

Petronas
A logo of a Petronas fuel station is seen against a darkening sky in Kuala Lumpur, Malaysia. Picture taken February 10, 2016. REUTERS/Olivia Harris

Malaysia’s national oil company, Petroliam Nasional Bhd (Petronas) is reportedly planning to partner Saudi Arabian Oil Company (Aramco) to build a refinery and steam cracker complex integral to the MYR60 billion Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang, south Johor of Malaysia.

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