Search Results
Proposed $14 Billion Oil Pipeline Across Malaysia Could Cut Costs, Avoid Piracy Risks
A proposed oil pipeline project to pump oil across northern Malaysia — bypassing the Malacca Strait — could lower transportation costs and avoid risks of pirate attacks on tankers, Deputy Prime Minister Najib Razak said Tuesday.
The proposed 50 billion ringgit (US$14.2 billion; euro10.6 billion) project would involve building a 320-kilometer (200-mile) pipeline across northern Malaysia, [...]
