European oil trader Vitol, said it plans to invest up to RM1 billion in an oil storage terminal in the southern Malaysian state of Johor. (US$1=RM3.4). ATT has agreed to lease from Malaysia’s Seaport World Wide Sdn Bhd (SWW), a full-owned subsidiary of MMC Corporation Bhd, 120 acres of land at the rate of RM20…
MALAYSIA: Vitol to invest RM1 billion in oil storage terminal in Johor
Posted on September 28, 2008 by EnergyAsia