Dateline 2013-09-17, The Motley Fool:
Most of us probably have no idea where Malaysia is located. Even fewer probably know of its natural resource riches. That needs to change because Malaysia should prove to be an important location for oil companies looking for growth. Not to mention its importance to investors looking to profit from that growth.
For those needing a quick geography lesson, Malaysia is located in Southeast Asia and it’s actually two separate land masses separated by the South China Sea. Its that geographic location that’s important because of its close proximity to oil thirsty China.
Speaking of oil, Malaysia is actually the second largest oil and gas producer in Southeast Asia and it’s the second largest exporter of liquefied natural gas in the entire world. Further, Malaysia is estimated to hold the fifth largest oil reserves in Asia-Pacific and one of the top 30 holders of oil reserves in the world. Malaysia really is resource rich.