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Thursday, 14 November 2013

Malaysia Oil and Gas Report Q1 2014:Energy & Power Market Research Reports

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Malaysia Oil and Gas Report Q1 2014
Nov 13th 2013, 00:00, by swapnil

BMI View: Malaysia’s upstream segment could see good days ahead in the short-to-medium term as the completion of both greenfield and brownfield developments brings new volumes of oil and gas online. New gas supplies will underpin continued expansion in the country’s liquefied natural gas production based in Sarawak. Consumption growth will limit some of the export gains to be made from growing output, though a reduction of oil and gas subsidies would see a slowdown in the rate of this. The expansion of its downstream capacity could be more challenging, as it would face fierce competition from neighbouring Singapore. The …

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