Qatar Islamic Bank Studying Plan for $5 Billion Refinery and Petrochemicals Plant in Malaysia

JOHANNESBURG--June 17, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--As the stream of capital investments and joint ventures between the Middle East, China, India and other Asian countries grows, many of the eastern countries are planning to build up their oil refining capacity in order to meet domestic fuel consumption demands and to recoup some import costs by being in a position to trade in regional and global fuel markets.

Companies featured: Petroliam Nasional Berhad (Petronas) (MYX:6033), Gulf Petroleum Limited Investment (KUW:GPI)