Trader and shipowner Vitol is building a small refinery in Malaysia to produce low-sulphur fuel oil (LSFO) for vessels.
The plant will feature a crude distillation unit to process 30,000 barrels per day, according to Vitol Asia's president and CEO Kho Hui Meng.
It is located at Vitol's oil storage terminal at Tanjung Bin, he told the Business Times.
China National Petroleum Corp (CNPC) is handling construction, moving a second-hand crude unit from China.
