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What we do · 03

Refining

Turning crude oil into the fuels Malaysia runs on.

Refinery lit at dusk behind trees, reflected in still water

Overview

Our Pulau Kering refinery processes 120 thousand barrels of crude a day into gasoline, diesel, jet fuel and LPG for the Malaysian market.

Pulau Kering is a 120 thousand barrels a day refinery on the west coast of Peninsular Malaysia. In FY2025 it ran at 90 percent utilisation, producing Euro 5 gasoline and diesel, jet fuel and LPG.

Refining margins across Asia weakened through 2025 as new capacity came online in the region. We responded by cutting operating cost, optimising the crude slate and shifting output towards higher-value middle distillates.

The refinery's next major turnaround is planned for the second quarter of 2027. Preparation is already under way so the shutdown is completed safely and on schedule.

Crude capacity
120 kbbl/d
Utilisation, FY2025
90%
Products
Gasoline, diesel, jet, LPG
Next turnaround
Q2 2027

FY2025

Refining in numbers

Revenue
RM 16.7 bn39.4% of group
EBITDA
RM 1.3 bn8% of group
Capital expenditure
RM 0.9 bn11% of group
Crude capacity
120 kbbl/d

Strategy

Our priorities

  1. Protect margin

    Crude flexibility and a product mix weighted to diesel and jet.

  2. Cut energy use

    Heat integration projects that reduce fuel burned per barrel processed.

  3. Plan the 2027 turnaround

    Scope frozen twelve months ahead, contractors mobilised early.

Operations

Our assets today

Operating status is updated by our operations team as it changes.

All operations
  • Online 1 asset
  • Maintenance 0 assets
  • Ramp-up 0 assets
  • Pulau Kering refinery

    Online

    Running at 91 percent utilisation. Next major turnaround in Q2 2027.

    Type
    Crude oil refinery
    Capacity
    120 kbbl/d
    Location
    Peninsular Malaysia, west coast
    Interest
    100%, operator

    Updated 18 September 2026