Petronas Gas gets nod for new IBR tariffs

KUALA LUMPUR: Petronas Gas Bhd (PGB) has received the government's approval on the adjusted Incentive-based Regulation Tariff (IBR Tariff) for the regulatory period one (RP1) for the Peninsular Gas Utilisation (PGU) facility under PGB group of companies.

"The adjusted RP1 IBR Tariff of RM1.128/Giga Joule (GJ)/day from RM1.129/GJ/ is in effect from Jan 1, 2022 to Dec 31, 2022 and published on PGB’s website," it said in a filing with Bursa Malaysia.