Natural Gas Price Increase on Hold


A while back, I shared the news that Malaysia Gas would raise the price of natural gas, effective July 1st, 2008

On July 1st, 2008, the government decided not to increase gas prices. Taking the following from The Star,

PETALING JAYA (July 2nd, 208): The implementation of a new gas price scheduled for Tuesday has been deferred to a later date, the Economic Planning Unit of the Prime Minister’s Department said in a statement.

The statement referred to the Government’s earlier decision on June 4 in relation to the restructuring of petrol, diesel and gas subsidies.

Under the restructuring exercise, gas price in Peninsular Malaysia was to be increased effective Tuesday.

 Malaysians get a reprieve.

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