Article: Trans-peninsula project takes on bigger scale

Kamarul Yunus
New Straits Times
08-15-2009
Trans-peninsula project takes on bigger scale
Byline: Kamarul Yunus
Edition: Main/Lifestyle
Section: Business Times
Type: Company

PLANS for a mammoth oil pipeline and storage facilities across northern Peninsular Malaysia have grown in scale.

Assay Petroleum Sdn Bhd executive director Syed Izhar Al-Idrus said yesterday that the entire project will cost close to RM23 billion instead of the RM7 billion targeted by an earlier project promoter.
He said work on the project, which will essentially pipe oil from tankers berthed off the west coast to several storage facilities and subsequently the east coast, will start by 2011.

The project seeks to ...

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