From the Star – Gas M’sia gets new PETRONAS deal


Please, can someone tell PETRONAS to sell gas at market rates to industries in Malaysia? That’ll teach us a lesson to take our resources for granted.

And Why exactly is MMC making the announcement, not Gas Malaysia?

From the Star, dateline 2010-07-13:

MMC Corp Bhd said its 41.8%-owned subsidiary Gas Malaysia Sdn Bhd has signed a second supplemental gas supply agreement with Petroliam Nasional Bhd (Petronas) for an additional supply of 82 million standard cu ft per day (mmscfd) natural gas from the latter.

Gas Malaysia had last August secured a long-term supply of 300 mmscfd from PETRONAS.

“The additional supply of the 82 mmscfd natural gas shall be effective until Dec 31, 2011,” it told Bursa Malaysia.

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2 Responses to From the Star – Gas M’sia gets new PETRONAS deal

  1. observer. says:

    even PETRONAS have told themselves to do so. interestingly enough its not up to them, i reckon. btw no comment on this article? http://www.btimes.com.my/Current_News/BTIMES/articles/togp/Article/

  2. Jabbathehutt says:

    I tried to cut a deal to sell this gas, but alas….

    anyway, i guess they have more analyst than the number of slaves jabba have. they should know better.

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