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Gas Malaysia receives govt directive on average natural gas selling price for distribution
Gas Malaysia receives govt directive on average natural gas selling price for distribution
The Edge
18/12/2020
Justin Lim
© Provided by The Edge
KUALA LUMPUR (Dec 18): Gas Malaysia Bhd has received the government’s directive on the average natural gas selling price for the distribution segment by its wholly-owned subsidiary Gas Malaysia Energy and Services Sdn Bhd.
The directive, issued via a letter from the Energy Commission, is for a period of one year beginning Jan 1 to Dec 31, 2021, with the average natural gas selling price to be decided every quarter, said Gas Malaysia.
The group said the applicable average natural gas selling price and the natural gas selling price by tariff category for the one-year period will only be announced at the beginning of each quarter.
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