 The New Strait Times on 1 November 2008 reported that the island will be turned into the country's largest independent oil storage terminal by 2010.Located about 40 km from the Petronas largest refinery complex in Sungai Udang, and the island itself is along one of the world's busiest trade routes in the Straits of Malacca, it will see an investment of RM700 million and become a hub for the petroleum industry in this region.Melaka Chief Minister Datuk Seri Mohd Ali Rustam said the project would be implemented as soon as the Environmental Impact Assessment by the Department of Environment (DoE) had been completed.