Malaysia finally scraps US$3bil China-backed pipeline plans

Published on 10 Sep 2018 9:57:08 PM

Malaysia has finally scrapped three China-backed pipeline projects after halting work on them. According to Bloomberg, a finance ministry spokesperson has confirmed that. The plans comprised of two oil and gas pipelines that cost more than $1 billion each as well as a $795 million pipeline that would link the state of Malacca to a refinery and petrochemical plant in the state of Johor,

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