The government of Malaysia approved 1.9 billion ringgits (if my calculation is correct, that's about 526 million USD) towards 20 biodiesel projects, and 64 percent of those were domestic projects, according to today's Business Times out of Malaysia. The announcement came as the PetrolWorld Asia Conference began in Kuala Lumpur yesterday. David Egan, PetrolWorld founder and president, said the conference "serves as the right platform for industry players to further enhance the distribution network and wholesale for the petroleum industry." Last year, Malaysia spent 423.5 million ringgits on six biodiesel projects, but the article makes it seem that none of them have been completed yet.
[Source: Business Today]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Cars for Sale Near You

    Share This Photo X