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Petron Corp.’s Bataan plant capacity to be nearly doubled

by ChemOrbis Editorial Team -
  • 25/09/2017 (15:57)
According to media sources, the Philippines’ Petron Corp. is planning to expand the capacity of its 180,000 barrels/day Bataan refinery to 300,000 barrels/day. Petron Corp. made an offer to Philippine National Oil Co. (PNOC) to use their adjacent site to expand their existing Bataan refinery. However, the company’s expansion plans are hampered due to the issues regarding the land lease agreement with PNOC.

The new refinery is expected to have a $15 billion-$20 billion investment as well as a capacity of 250,000 barrels/day. According to the reports from early July, the company’s other refinery located in Malaysia, was also expected to increase its capacity to 150,000 barrels/day from 88,000 barrels/day with an investment of $1.5 billion, under the scope of the expansion plans.
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