Despite the current global economic meltdown, Gulf Petroleum Ltd. plans to continue with the development of its US$5 bln (RM16 bln) integrated oil and gas complex in Manjung, Perak. Last year, Gulf Peetroleum had secured official regulatory approval to build an integrated oil and gas complex comprising an oil refinery, petrochemical project and storage facilities an initial investment outlay approximating US$5 bln for the first phase of the five-year development.
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Sunday, February 01, 2009
No plans to reschedule Perak oil and gas complex development
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