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Petronas buys P66's stake in Melaka 2 refinery


Petronas buys P66's stake in Melaka 2 refinery

Report summary

On 12th November 2014, Petronas announced its decision to acquire Phillips 66's 47% stake in Malaysian Refining Company Sdn Bhd.  With this US$635 million acquisition, PETRONAS will now wholly own the 170,000 barrels per day Melaka refinery. This coking refinery is a top-quartile asset based on Wood Mackenzie's Asian net cash margin assessment.

What's included?

This report includes 1 file(s)

  • Petronas buys P66's stake in Melaka 2 refinery PDF - 949.90 KB 2 Pages, 0 Tables, 1 Figures

Description

This Refining and Oil Products Inform report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an alternative point of view to help inform your decision making.

With over 20 years of experience in the refining industry, Wood Mackenzie is a trusted global leader with a reputation for producing consistently reliable information.

Our senior analysts are based in the markets they analyse. They use detailed research data to forecast, benchmark and recognise trends that will help both new and existing participants identify opportunities and avoid risks.

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