Gas Malaysia: Natural gas selling price for 3Q at RM30.03 per MMBtu


Gas Malaysia said this revised selling price does not apply to the sale of natural gas for natural gas vehicle and liquefied petroleum gas supplied in gas cylinders or in bulk.

KUALA LUMPUR: Gas Malaysia Bhd has set the average natural gas selling price for the distribution segment for the third quarter of July 1 to Sept 30 at RM30.03 per metric million British thermal unit (MMBtu) for Peninsular Malaysia.

This is an increase of RM3.18 from the RM26.85/MMBtu in the second quarter from April 1 to June 30.

The average natural gas selling price of RM30.03 includes the transportation tariff of RM1.19 per MMBtu, the legacy gas cost pass through of 62 sen per MMBtu and distribution tariff of RM2.05 per MMBtu as previously approved by Suruhanjaya Tenaga.

In a filing with Bursa Malaysia on Friday, Gas Malaysia said this revised selling price does not apply to the sale of natural gas for natural gas vehicle and liquefied petroleum gas supplied in gas cylinders or in bulk.

“The selling price revision will continue to contribute positively towards the financial position of the company for the financial year ending Dec 31, 2021, ” it said.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Gas Malaysia , natural gas , selling price

   

Next In Business News

DNeX expects SilTerra, Ping Petroleum to drive FY22 earnings�
Hong Seng to dispose hire purchase unit for RM34.5mil
Bank Negara launches new alternative reference rate
RAM Ratings: Interest waiver to hit banks’ earnings recovery
FBM KLCI finishes 7.28 points lower
China shares end lower as materials weigh; property sector down
EPF to help members restore and rebuild their nest eggs
EPF 1H investment income up 25% to RM34.05b
Asian stock markets wobble as China Evergrande woes sap confidence
Bursa Securities queries SAM after share price spike

Stories You'll Enjoy


Vouchers