Malaysian Oil Plan

The Malaysian Company with ambitious plans for an oil pipeline has signed deals with Indonesian and Saudi Arabian partners. They plan to build a 193 mile pipeline across Northern Malysia. It would bypass the Malacca Strait, allowing oil tankers to be loaded with crude away from the busy and often dangerous waterway. Many similar projects have failed in the past. If the project should be completed, then it would divert about 30% of the oil currently that goes through the Malacca Strait.