© Nikkei Markets
KUALA LUMPUR (Dec 06) — Malaysia’s national oil and gas company Petroliam Nasional or Petronas may build a 32-kilometer gas pipeline connecting a new industrial park in the Terengganu state, Group Chief Executive Wan Zulkiflee Wan Ariffin said Thursday.
The company will conduct a feasibility study to assess demand for gas and power at the new industrial park, he said at a pact signing event with the investment arm of the Terengganu state.
“Apart from gas supply, the study also involves technical assessment of the feasibility to build a 32 km gas transmission and distribution pipeline from Santong to the industrial park,” Wan Zulkiflee said.
Terengganu’s Chief Minister Ahmad Samsuri Mokhtar expects to attract 13 billion ringgit worth of investments to the industrial park – Terengganu Silica Valley – to create 7,200 jobs.
– By Gan Pei Ling
– Edited By Abhrajit Gangopadhyay