Asia Petroleum Hub likely to be revived, faces challenges in completing terminal

PETALING JAYA: Construction work on the RM1.3bil Asia Petroleum Hub (APH) in Johor, which has been stalled due to the lack of funding, is likely to be revived with the entry of a consortium led by Dubai-based Emirates National Oil Company (ENOC).

But with unresolved issues over control and ownership that have plagued the project, the new parties could face a tough challenge in completing the terminal that was originally scheduled to be ready in 2009.