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Petronas to start work on regas terminal in Johor
Analysts assume project will return 7% per annum
Published Mon, Nov 17, 2014 · 09:50 PM
Kuala Lumpur
PETRONAS is expected to start building a regasification terminal in Pengerang in Johor by the middle of next year.
When completed in about 21/2 years, the 3.5-million-tonne-per-annum (mtpa) facility will supply the national oil company's Refinery And Petrochemical Integrated Development Project (or Rapid), as well as other users through a national pipeline grid.
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