KUALA LUMPUR: Pengerang Energy Complex Sdn Bhd has signed key agreements with several blue-chip partners for Johor’s upcoming Pengerang Energy Complex (PEC) with a combined value totalling US$102bil (RM457.5bil).
The strategic feedstock supply and product off-take agreement signings with energy majors Chevron and Equinor, Thai national oil company PTT, and marquee trading house Mitsui & Co Ltd will support the full needs of PEC for its initial 12-year operation, a joint statement said.
