(EnergyAsia, May 29, Thursday) — Malaysia’s estimated oil reserves of three billion barrels could run out in about 10 years on current production and consumption trends, putting pressure on the government to make much better use of oil revenues while they last. Seeking to raise domestic oil prices as they are now heavily subsidised, Domestic…
MALAYSIA: Oil reserves could run out by 2018
Posted on May 28, 2008 by EnergyAsia