PIPC long-term investors remain committed

PETALING JAYA: Pengerang Integrated Petroleum Complex (PIPC) long-term investors continue to be committed to the sustainability of the project as Asia’s petrochemical hub despite the current low-oil price environment.

Petroliam Nasional Bhd (Petronas), the biggest investor in PIPC with RM105.3bil for a refinery and petrochemical complex there, remains committed to the project with its vice-president and venture directors office Pengerang Integrated Complex & downstream corporate office Anita Azrina Abdul Aziz saying that the complex would be operational in the first quarter of 2019.