|19 June, 2019

Saudi Aramco, Petronas start naphtha cracking unit at new Pengerang oil refinery -sources

The cracker is part of the $2.7billion joint-venture oil refinery and petrochemical project known as RAPID

An Aramco tank is seen at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018.

An Aramco tank is seen at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018.

REUTERS/Ahmed Jadallah

SINGAPORE- Malaysian state oil company Petroliam Nasional Bhd, or Petronas, and Saudi Aramco have started operations at their new 1.2-million-tonnes-per-year naphtha cracker, multiple sources familiar the matter said on Wednesday.

The cracker is part of the $2.7 billion joint-venture oil refinery and petrochemical project known as RAPID - or Refinery and Petrochemical Integrated Development - located in Pengerang in the state of Johor, at the southern tip of peninsular Malaysia.

(Reporting by Florence Tan, Seng Li Peng and Jessica Jaganathan; editing by Christian Schmollinger) ((lipeng.seng@thomsonreuters.com; +65 6870 3086; Reuters Messaging: lipeng.seng.thomsonreuters.com@reuters.net))

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