Categories: India

Malaysia's PRefChem shuts both residual fluid catalytic cracking units, sources say

NEW DELHI/SINGAPORE, Oct 6 (Reuters) – Malaysia's Pengerang Refining Company shut both of its residual fluid catalytic cracking (RFCC) units last week, two sources familiar with the matter said, while it continued to offer residual fuel via tender. The Johor-based refiner is trying to bring the units, which typically upgrade residual fuels into higher-value products such as gasoline, back online this week, said one of the sources with direct knowledge of the matter. The company had offered 540,000 barrels of treated atmospheric residue for loading between October 12 and 13 in its latest tender, closing on October 7. Previously, it had sold four residual fuel cargoes for September loading and one cargo for early October loading. PRefChem, a joint venture between Malaysia's Petroliam Nasional Berhad (Petronas) and Saudi Aramco, operates the 300,000 barrel-per-day refinery. State-owned Petronas did not respond to a request for comment from Reuters. (Reporting by Mohi Narayan in New Delhi; Additional reporting by Jeslyn Lerh in Singapore; Editing by Emelia Sithole-Matarise)

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