PETALING JAYA: A new facility for oil and gas (O&G) storage and refining to be known as Sabah Oil Terminal, is being planned in Sipitang, Sabah at an estimated cost of RM8.5bil, sources said.
The sources said that a 1,000-acre site at the Sipitang Oil and Gas Industrial Park has been allocated for this development which would be undertaken by Armada Sdn Bhd beginning next year.
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