Petronas to end gasoil storage at Tanjung Langsat

Tanjung Langsat Port aimed to be the biggest oil and gas hub in the region.

SINGAPORE: Petroleum Nasional Bhd (Petronas) is not planning to renew its lease to store gasoil at Tanjung Langsat Terminal (One) in Johor, southern Malaysia, once its contract ends in late May, industry sources close to the matter said.

The oil major had a one-year contract to lease about 70,000 cu m of space to store gasoil at the terminal, the sources said.