Gas Malaysia world class in efficiency, reliability: Maybank IB


Really?

Dateline 2012-07-31:

Gas Malaysia Bhd is “world class” in efficiency and reliability, on par if not better than its regional comparables, despite operating in a near monopolistic yet limiting environment, says Maybank IB Research.

Gas Malaysia which is the sole licenced operator and distributor of natural gas in Peninsular Malaysia to customers who consume five mmscfd (Million Standard Cubic Feet per Day) of natural gas and below, is operationally a price and volume taker.

The buying and selling prices of natural gas are currently determined by the government while the right to supple gas is governed by the Gas Supply Agreement with Petronas.

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