KUALA LUMPUR (Reuters) - State oil firm Petronas
State-run Petronas said in a statement that the remaining plants within the Refinery and Petrochemical Integrated Development (RAPID) complex will be commissioned in 2018.
Previously local media had cited Petronas CEO Shamsul Azhar Abbas as saying the start date for phase one of the RAPID project had been pushed back to early 2017.
"The Final Investment Decision (FID) date for RAPID project has been rescheduled to March 2014 from June 2013," Petronas said in a statement released to Reuters, citing external factors beyond its control.
"As re result of the revised FID date, the RAPID refinery is scheduled to be ready for start-up in Q4 2017 and the remaining plants within the complex is scheduled to be commissioned in 2018," it said.
(Reporting by Niluksi Koswanage; Editing by Richard Pullin)
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