The assets include a 237,000 barrels per day (bpd) refinery and a one million metric ton per year (tpy) ethylene plant on Singapore’s Bukom and Jurong islands, for which it had announced a strategic review last year.
Ahead of fourth-quarter results on Feb. 1, the company also said gas trading would be significantly higher than the previous three-month period, while upstream production would come in at 1,830 – 1,930 thousand barrels of oil equivalent per day.
Meanwhile, its chemicals & products division is expected to post an adjusted earnings loss for the period, it added.
*Eva Mathews; editing: Savio D’Souza & Varun H K – Reuters
