What will Malaysia’s Vitol refinery be able to process?
The new Malaysian refinery will be able to process a wide variety of low-sulphur oil available in the market including US West Texas Intermediate crude that Vitol trades in, Kho said.
How does the Malaysian refinery work?
This refinery produces a comprehensive range of petroleum products, some 90% of which are consumed within Malaysia, and has a licensed production capacity of 156,000 barrels per day. The Company believes in giving equal attention to caring for the environment and contributing to social development within the community in which it operates.
Where was the first oil refinery built in Sarawak?
Sarawak’s first oil refinery built by Shell at Tanjung Lobang, Miri. Subsequently moved to Lutong, Miri. A first submarine pipeline was laid in Miri, the first of its kind in the region. The 45,000 barrels per day designed capacity Lutong Oil Refinery operated until 2004 First Oil discovery by Shell Oilfield Limited in Miri.
How many palm oil refineries are in Malaysia?
A paid subscription is required for full access. In 2022, there were 52 palm oil refineries in operation in Malaysia. This was an increase from 49 refineries in the previous year. Malaysia is the second-largest crude palm oil producer in the world.