PETRON SEES $600M IN ANNUAL EARNINGS

capacity is 88,000 bpd.

Petron is currently running the Port about 90 kilometers from Kuala Lumpur in Port Dickson, Negeri Sembilan. It is equipped with a crude distillation unit, a naphtha hydro treating unit, two semi-regeneration reformer units, and a kerosene hydro treating unit.

The complex has amenities such as wastewater treatment facilities, steam generator, cooling water plant, flare and safety relieving petroleum products storage tanks, - troleum gas (LPG) storage.

Petron, which supplies almost 40 percent of the country’s oil requirements, has a combined retail network of almost 2,900 service stations, more than a fifth of which are in Malaysia. Since 2012, the company has rebranded and built an extensive retail network of nearly 600 stations in Malaysia.

The oil company also exports different petroleum and non-fuel prod India, Japan, Malaysia, Singapore, South Korea, Thailand, and Pakistan, as well as to the United Arab Emirates.

Shares of Petron slipped 1.19 percent to P9.17 on Friday.