Friday 29 Mar 2024
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This article first appeared in The Edge Financial Daily on April 16, 2019

KUALA LUMPUR: Three Petroliam Nasional Bhd’s (Petronas) subsidiaries — Petronas Chemicals Group Bhd, Petronas Dagangan Bhd and Petronas Gas Bhd -- said yesterday the recent fire at the Pengerang Integrated Complex (PIC) in Johor has no financial or operational impact on their businesses.

“We refer to the fire incident that occurred on April 12, 2019, at approximately 1.25am at PIC, Johor. The said incident has no financial or operational impact [on] our current business,” Petronas Chemicals, Petronas Dagangan and Petronas Gas said in similarly worded but separate statements to Bursa Malaysia.

On April 12, Petronas said in a statement that the fire and explosion happened at the PIC’s atmospheric residue desulphurisation unit, which is under commissioning stage.

Petronas said then that teams had been set up and were working closely with relevant authorities to investigate the cause of the fire, which was contained within half an hour and did not cause any fatality.

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