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Asia Pacific Tankers and Gas Bunkers

Malaysia developing $477m oil storage and bunker facility next to Singapore

IOTF will have two jetties, seven berths and storage capacity for 1.2m cu m of various oil and gas products as well as blending and redistribution facilities aimed at domestic and regional markets. It will be developed in three phases with the initial phase, which will begin with oil storage and bunker operations, starting in two years

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The company has been in discussions with various investors from the Middle East, mainland China and Hong Kong as well as local investors to invest in the next phases of the project

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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