Gas Malaysia commences its virtual pipeline business

June 3, 2017

Next, Gas Malaysia will accept payment in bitcoins.

Dateline 2017-04-21, The Edge:

Gas Malaysia Bhd through its subsidiary Gas Malaysia IEV Sdn Bhd (GMIEV) has formally commenced its virtual pipeline business following the officiation of its compressed natural gas mother station in Gebeng, Pahang.

GMIEV is a joint venture company incorporated in 2014 between Gas Malaysia — a member of MMC Corp Bhd — and IEV Energy Sdn Bhd. It was created to supply compressed natural gas to customers that are currently not served by Gas Malaysia’s natural gas distribution system network.

In a statement today, Gas Malaysia chairman Datuk Hasni Harun said the company has started to gradually create new demand for natural gas, opening up new avenues of business opportunity.

 “At present, we have commenced supply to our first customer in Pekan, Pahang,” he said.


Groundbreaking Of Gas Malaysia’s 1st CNG Project

November 14, 2015

Dateline 2015-10-12, Malaysian Reserve:

Gas Malaysia-IEV Sdn Bhd (GMIEV), a subsidiary of Gas Malaysia Bhd, recently held a groundbreaking ceremony to mark the start of the construction of its compressed natural gas (CNG) station in Gebeng in Kuantan, Pahang.

The project will allow GMIEV to offer a complete value chain of mobile gas solutions; from processing of gas into CNG to transportation and distribution to end-users.

GMIEV will purchase natural gas from Gas Malaysia and will maintain and operate the compression, transportation and pressure regulating unit which are key components of the virtual pipeline.

When completed, the CNG station will be able to deliver compressed gas to customers within a 200km radius of Gebeng.