KUALA LUMPUR – Dialog Group Bhd is expanding its Tanjung Langsat petroleum storage terminal in Johor by an additional 100,000 cubic metres, with an estimated capital expenditure of up to RM200 million. The project is scheduled to be completed by mid-2029, with analysts anticipating the additional capacity to boost the group’s recurrent storage income beginning in FY2030. The development is anticipated to improve Dialog’s petroleum storage capacity and help meet rising demand for oil and gas logistics services. Increased storage capacity and terminal operations may also open up chances for industrial tank cleaning, oily waste treatment, planned waste management, and maritime environmental services.
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(Source: The Star)