Petronas to delay $19 billion petrochemicals project


Okay, this is really out of date info, but I’m behind, so much news to share. “Water supplies”?

From FMT, dateline 2013-07-30:

Petronas will start up its $19 billion petrochemicals complex in Malaysia in 2018, the company told Reuters on Tuesday, signaling a further delay in the country’s largest-ever infrastructure project.

A delay to the project in  Johor could deal a potential blow to the economy of  as well as local oil and gas services firms hoping for work on the massive complex.

A source familiar with Petronas’ business strategy told Reuters the project had been complicated by a need to secure water supplies as well as cater for proposed international partners.

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This entry was posted on Friday, September 20th, 2013 at 6:00 am and is filed under Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to Petronas to delay $19 billion petrochemicals project

  1. shiela says:
    September 20, 2013 at 9:22 am

    what about this news..

    Eversendai eyes Rapid plant ‘package’ job
    http://www.freemalaysiatoday.com/category/business/2013/09/02/eversendai-eyes-rapid-plant-package/

    is it true..

    Reply

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