Gas M’sia clients agree to new terms


Dateline 2013-04-19 from The Star:

 Gas Malaysia Bhd customers have agreed to the new gas sales agreement (GSA) terms, reflecting a win-win situation for both parties, according toMaybank IB Research.

“Both have (in principle) agreed to give and take on several pertinent clauses.

“Among others, the new GSA (which advocates discipline in capacity booking, usage and efficiency) would still have a take-or-pay (TOP) mechanism, but with flexibility in place.

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