(EnergyAsia, April 28, Monday) — The budget for a proposed oil refinery project in Malaysia’s Kedah state has reached a new high of RM83 billion, up from earlier estimates of RM50 billion. (US$1 = RM3.13). Its promoters blamed the increased cost estimate on the decision to locate the “Kedah Hydrocrabon Hub” on a four-sq-km man-made…
MALAYSIA: Kedah oil refinery, storage project now pegged at RM83billion
Posted on April 27, 2008 by EnergyAsia