Cheaper gas in the offing

Shared facility: Under the TPA, new gas suppliers can bring LNG into the country through the LNG Regasification Terminals to supply their gas to buyers using the existing distribution pipeline owned by Gas Malaysia and Petronas Gas, including Petronas Gas’s terminal in Sungai Udang, Melaka.

AS the sale of gas to local industry enters a mature phase of liberalisation, third parties intending to break into the scene are confident of making an impact.

This, in turn, is good news to industry players who welcome the development as it will ultimately lead to more competitive pricing for their raw materials.