Hong Kong’s NewOcean to build $1.2 bln oil refinery in Malaysia


Interesting, nowhere near RAPID. Kuantan Boleh!

Dateline 2017-08-07, Reuters:

Hong Kong’s NewOcean Energy Holdings Limited said on Monday it planned to build a 5.1 billion ringgit ($1.2 billion) petroleum refinery complex on Malaysia’s east coast along with two partners.

NewOcean will partner Malaysia’s Kuantan Port Consortium Sdn Bhd and Malaysian east coast development body, the latter’s chief executive officer Jebasingam Issace John said.

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