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KUALA LUMPUR, May 7: Malaysia will build a $7 billion pipeline to transport Middle East oil across the north of its peninsula to East Asian countries, Prime Minister Abdullah Ahmad Badawi said on Monday.
“Yes we have agreed,” Abdullah told reporters.
Abdullah, who is also the finance minister, said the project was one of the government's major initiatives to develop Malaysia’s northern region.
“Anything that happens there is part of that, we take into account all of this. We have always wanted to do more for that area and that also will take care of the eastern corridor,” he said.
Abdullah declined to elaborate.—AFP
