New Malaysian bunker hub planned
Malaysia’s Johor Port Authority (JPA) is planning a RM2 billion ($477 million) oil storage and bunkering facility within Tanjung Pelepas Free Zone.
The idea of a bunkering hub at Johor, dubbed Bunker Island, that could rival Singapore has been around for a long time, at least 17 years, but JPA now appears to have firm plans for a facility on Tanjung Bin Island, using 100 acres of reclaimed land.
The development comes as Malaysia’s national oil company Petronas’s Pengerang oil refinery and petrochemical plant, also in Johor, starts production.
Bunker Island Development is set to have about 1.2 million cubic metres of storage and will also be used for blending and redistribution.
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