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Malaysia to establish Bunker Island Development project

Malaysia informed that it continues to develop plans to antagonize Singapore’s bunkering dominance, as Johor Port Authority has presented $477 million development of an oil storage and bunkering site in the country’s south. The Bunker Island Development project will consist of two jetties and seven berths, which will have a storage capacity of approximately 1.2 million cbm. It is expected to be completed in four years.

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