PALU, Indonesia, Oct 2 (Reuters) - Indonesia is in a race against time to save victims of a devastating earthquake and tsunami on Sulawesi island, the government said on Tuesday, as the official death toll rose to more than 1,200 and looting fueled fears of lawlessness. Four days after the double disaster struck, officials feared the toll could soar, as most of the confirmed dead had come from Palu, a small city 1,500 km (930 miles) northeast of Jakarta. Some remote areas have been largely cut off after Friday's 7.5 magnitude quake triggered tsunami waves, destroying roads and bridges, and...