Royal Vopak: PT2SB signs financing of USD 1.25 billion
(WorldNews Netherlands)

12 December 2017 Today, PT2SB, a joint venture between Petroliam Nasional Berhad (PETRONAS), Dialog Group Berhad (Dialog), The state of Johor (SSI) and Royal Vopak announces that it has signed a USD 1.25 billion senior financing agreement with a banking syndicate of 9 international banks. The financial facilities will be used to finance the PT2SB industrial terminal in Pengerang, State of Johor, Malaysia. The construction of PT2SB started in early 2015 and is scheduled for commissioning in various phases during the first half of 2019. This industrial terminal will predominantly serve the world scale PETRONAS Refinery and...