As expected, Malaysian state oil company Petronas has decided to delay plans to build a 100,000-150,000 b/d refinery in Port Sudan, Sudan, due to increased construction costs (face=+Italic; see OW 6/2/2008face=-Italic; ) .

Construction costs have climbed so high that the refinery is no longer commercially viable, Petronas CEO Hassan Marican said at a conference in Kuala Lumpur, face=+Italic; Bloomberg face=-Italic; reported.

It was reported last month that the cost ...

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