Malaysia’s petroleum and natural gas sector posts 12.5pc annual growth for 2010-2015, says statistics dept


Dateline 2017-07-10, Malay Mail:

Malaysia’s petroleum and natural gas industry has registered a compound annual growth rate (CAGR) of 12.5 per cent from 2010 to 2015, with the number of establishments engaged in the industry rising to 157 from 87 over the period, said the Department of Statistics Malaysia (DoS).

In a statement today, it said the value of gross output amounted to RM120.4 billion compared with RM105.9 billion in 2010 (CAGR: 2.6 per cent).

“Extraction of crude petroleum and natural gas group recorded the largest value of RM108.9 billion, contributing 90.4 per cent, while support activities for petroleum and natural gas extraction group registered RM11.5 billion in 2015 (9.6 per cent),” it said.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: