Multiple agencies hamper efforts to improve O&G sector

The report, which was released yesterday, focused on the new government

PETALING JAYA: Market reforms in the oil and gas (O&G) industry was hampered by multiple agencies handling different sectors of the energy industry which is one of the pillars of the country’s economic growth.

The presence of multiple agencies handling different sectors such as O&G has led to fragmented governance and coordination issues, according to the mid-term review of the 11th Malaysia Plan (11MP).