CPP statement on its pipeline projects in Malaysia
Focus Malaysia 12 Sep 2018 18:20
China Petroleum Pipeline Engineering Co., Ltd (CPP) acknowledges the Malaysian Government's decision to cancel the Multi-Product Pipeline (MPP), Trans-Sabah Gas Pipeline (TSGP) projects and another pipeline project linking the state of Malacca to a Petronas refinery and petrochemical plant in the state of Johor.
CPP understands and respects that the decision is due to economic and financial reasons. CPP will proceed to discuss with the asset owner / Malaysian Government for a fair and equitable compensation for the cancellation of the projects.
As a result of the cancellation, CPP will re-assign staff, local and foreign, previously designated to the pipeline projects to other ongoing CPP projects in Malaysia and in other parts of the world.
CPP hopes to work with the Malaysian Government in the future pipeline project and contribute towards the economic prosperity of Malaysia.
China Petroleum Pipeline Engineering Company Limited
12 September 2018