Dialog’s positive move to strengthen tank terminal business

Oil and gas (O&G) services provider Dialog Group Bhd’s recent move to strengthen its footprint in the tank terminal business is a step in the right direction, particularly in the current low oil price environment.

On Monday, Dialog announced that it is taking full control of its tank farm and terminal facilities business in Tanjung Langsat, Johor, via the acquisition of the remaining 45% stake in Centralised Terminals Sdn Bhd (CTSB) from MISC Bhd.