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Petronas to beef up security at its plants after Saudi oil attacks

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Published Fri, Sep 20, 2019 · 09:50 PM

    Kuala Lumpur

    MALAYSIA'S state-owned energy giant Petronas said it would beef up security at its plants after an attack on a Saudi hub last weekend, and warned oil price volatility in the rest of the year could affect its year-end performance.

    Heightened vigilance over security comes as the firm, known in full as Petroliam Nasional Bhd, nears the start of commercial operations at a US$27 billion refinery and petrochemical project built jointly with Saudi Arabia.

    Petronas

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