(EnergyAsia, October 18 2011, Tuesday) — China Aviation Oil (Singapore) Corporation Ltd (CAO), Asia’s largest physical jet fuel trader, has teamed up with Malaysia’s Centralised Terminals Sdn Bhd (CTSB) to construct, develop and operate a RM371-million oil products storage terminal at the Port of Tanjung Langsat in Malaysia’s Johor state. (US$1=RM3.1). CAO said it will acquire…
MALAYSIA: Singapore’s CAO to invest in greenfield oil storage terminal in Johor
Posted on October 18, 2011 by EnergyAsia