Gas Malaysia revises average selling price

KUALA LUMPUR: Gas Malaysia Bhd has announced the average natural gas selling price for the distribution segment by its wholly-owned subsidiary Gas Malaysia Energy and Services Sdn Bhd.

In a filing with Bursa Malaysia yesterday, Gas Malaysia said for the fourth quarter beginning Oct 1 to Dec 31, the average natural gas selling price is RM36.42 per million British Thermal Units (MMBtu).

The above-average selling price includes the Transportation Tariff of RM1.19 per MMBtu and Distribution Tariff of RM2.05 per MMBtu as previously approved by the Energy Commission, it said. — Bernama

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