Dateline 2012-07-17:
The market pricing for liquefied natural gas (LNG) in Peninsular Malaysia, which is expected to be announced soon, could pave the way for further deregularisation of the local power sector.
“The industry has been waiting for the framwework for the import of LNG which will include the setting of gas price,” an analyst said.
The analyst believes the framework will provide for gas import at market price. The current market price per million metric British thermal unit (mmbtu) is RM45.
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Wata - Malaysian Oil and Gas Engineer 