Malaysia’s Gas Supply-demand Gap Will Start Growing 2013, Says IGU

Sorry, ‘start growing’?

Dateline 2012-05-08:

Malaysia’s gas supply-demand gap will start growing next year at the time whereby contracted production declines, says International Gas Union (IGU) President, Datuk Dr Abdul Rahim Hashim.

He said Malaysia faced supply challenges with declining indigenous gas production in Peninsula Malaysia, increased extraction rates, commercially challenging reserves, which are smaller in size and in scattered locations and an overall increase in exploration and production costs.

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