Distribution, good practices give Gas Malaysia the edge

“The risk of stranded assets is thus low. Given its almost monopolistic position in gas distribution, we do not expect Gas Malaysia to deviate from its gas-centric business in the foreseeable future, ” Maybank Ib Research said.

KUALA LUMPUR: Amidst rising environmental, social and governance (ESG) pressure on the oil and gas industry, Gas Malaysia Bhd stands to benefit from its good practices and strong position in gas distribution.

With growing demand for cleaner sources of energy, analysts noted that gas is the cleanest of fossil fuels and is, therefore, deemed more palatable for the environment.