
KUALA LUMPUR -- Malaysia's state oil company Petronas said on Friday that recent attacks on a key Saudi oil facility will not affect Saudi Aramco's $7 billion investment in a refinery complex in the southern state of Johor.
Saudi Aramco acquired a 50% stake in the Rapid project's refinery and cracker plants in 2017, agreeing to supply up to 70% of the crude feedstock for the refinery operations, which are scheduled to begin commercial production later this year.