Consortium appoints China company to build refinery in Kedah


KUALA LUMPUR: Konsortium Petrohub has appointed China-based Hainan Zhenrong Energy Co Ltd as the main contractor to design and build an oil refinery facility project in Yan, Kedah worth over US$20bil.

“We expected to start the construction of the first refinery in February next year, depending on the financing approvals,” said Konsortium Petrohub chief executive officer Raja Chik Jaafar.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Konsortium , refineries ,

   

Next In Business News

Ekuinas acquires 80% stake in pharma ingredients producer Symbiotica
LPI Capital expected to lead in fire class insurance market
MKHOP makes market debut with 1.6% premium
K-Konsult and Vimigo in investment collaboration
Plant in fire outbreak not Kossan unit
Capital A positive about higher returns this year
Bangkok airports set for US$4.8bil expansion
Lamborghini tiptoes toward EV with new SUV
Kucingko to be first animation studio to be listed
Tasco posts weak earnings due to international freight forwarding ops

Others Also Read