Malaysia is the 43rd most populated country and the 66th largest country in the world, with a population of about 27 million and a land area of over 320,000 km2respectively. It is divided into 2 by the South China sea, namely West Malaysia or Peninsular Malaysia and East Malaysia.Malaysia is rich with natural resources in areas such as agriculture, forestry and minerals. Malaysia is one of the top exporters of natural rubber and palm oil, which together with sawn logs and sawn timber, coca,pineapple and tobacco dominate the growth of the sector. Currently, palm oil is also a major generator of foreign exchange.
Tin and petroluem are the two main mineral resources that are of major significance in the Malaysian economy. Today,petroluem and natural gas is the main mineral resources in Malaysia and it is located mainly in Sabah, Sarawak and Terengganu. Petronas is the national oil company which manage and drive the local oil industry.In 2004, Malaysia's oil reserves stood at 4.84 billion barrels (769,000,000 m3) while natural gas reserves increased to 89 trillion cubic feet (2,500 km3). This was an increase of 7.2%. As of 1 January 2007, Petronas reported that oil and gas reserve in Malaysia amounted to 20.18 billion barrels (3.208×109 m3) equivalent.
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