Malaysian Refiners Repair Damaged Offshore Facilities, Returning Supply to Normal, an Industrial Info Market Brief

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A recently damaged valve has been fully repaired at an offshore, single-buoy mooring facility jointly owned by Hengyuan Refining Company Berhad (HRC) and Petron Malaysia Refining & Marketing Berhad.

The valve sustained damage on October 8 and was announced to have been repaired last week. Some industry analysts believe the incident may have curtailed production as much as 50% during the three-week period.

Over the weekend, HRC's 125,000-barrel-per-day (BBL/d) refinery and Petron's 88,000-BBL/d refinery--both in Port Dickson, Malaysia--reported their supplies of crude oil had returned to normal.

Industrial Info is tracking more than $2.4 billion worth of projects at the two refineries. Click here for a list, and see graph below for a breakdown by project type.