Mobile-Menu

Malaysia: 27 Billion Dollar Petrochemical Project Saudi Aramco Shelves Investment Decision for Rapid Project

Editor: Alexander Stark

Saudi Aramco allegedly suspends plans for a partnership with Pertronas, Reuters cites industry sources. The project with an estimated volume of $ 27 billion was supposed to be built in the southern Malaysian state of Johor. Neither of the both companies responded to Reuter's request for comment.

Related Vendors

Pörner Ingenieurgesellschaft mbH
Italvacuum, Srl
EPC Group
Saudi Aramco Public Relations Department R-2212 East Administration Building
Saudi Aramco
more less
Company-Flyout
Petronas Chemicals Group Berhad
less
In a move to expand its petrochemicals business and further spur the growth of Malaysia’s oil and gas downstream sector, Petronas plans to embark on a new integrated refinery and petrochemicals complex in Southern Johor. (sample image)
In a move to expand its petrochemicals business and further spur the growth of Malaysia’s oil and gas downstream sector, Petronas plans to embark on a new integrated refinery and petrochemicals complex in Southern Johor. (sample image)
(Source: Petronas)

Riyadh/Saudi Arabia — The project called Rapid, was launched in 2012 and is expected to begin operations in the first quarter of 2019. Rapid is designed to have a 300,000 bpd oil refinery and a petrochemical complex with a production capacity of 7.7 million tonnes per annum.

Major Plant Engineering GROAB is a project database for international major plant engineering and construction. You can find more than 5100 projects within 13 categories. Learn more about GROAB and test the database.

(ID:44500639)

Related content