The Pengerang Deepwater Petroleum Terminal oil refinery has restarted operations after a two-year closure in Malaysia. The complex will support the increasing refining margins in Asia as well as higher fuel demands in the country.
The 300,000 barrel-per-day refinery-petrochemical complex is operated by a joint venture (JV) comprising Petroliam Nasional Bhd (Petronas) and Saudi Arabian Oil Company (Saudi Aramco). The refinery was closed in March 2020 following a fire at the premises. Resumption of operations was originally scheduled to commence in 2021 but was delayed to 2022.
The refinery will process existing crude from storage tanks, which will then be distributed by Saudi Aramco.