How plummeting global oil prices affect Malaysia’s oil and gas cities


KUALA LUMPUR: The oil and gas industry has dominated Miri’s economy since Malaysia’s first oil rig was built there in 1910, and many young Miri-ans grow up expecting a career in the industry.

Sadly, many started losing their jobs after oil and gas companies were forced to downsize in light of plummeting global oil prices since 2014, and things are yet to recover in Miri.

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