M'sia, China yet to reach consensus on compensation for cancelled pipeline projects

Malaysia has yet to reach consensus with China over the amount of compensation to be paid relating to two mega pipeline projects despite holding seven discussions between October 2018 and November 2019.

In a parliamentary reply, Finance Minister Tengku Zafrul Abdul Aziz said the payment that can be claimed by China amounted to RM1.2 billion, according to preliminary works carried out by the contractors and verified by local technical experts.

However, he did not reveal the compensation amount for the Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP) projects...