PETALING JAYA: Gas prices in the industrial sector is expected to see a further hike in the July 2016 review in line with the subsidy rationalisation plan, according to UOB Kay Hian Research.
“We expect the Government to increase industrial natural gas prices by another RM1.50 per million British thermal units (mmbtu) to RM27.03 per mmbtu) in the June 2016 bi-annual review.
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