Production of crude oil, condensate up 0.9% in 4Q, export value rises to RM9.3bil - DoSM


PUTRAJAYA: The production of crude oil and condensate went up 0.9 per cent to 49.1 million barrels in the fourth quarter of 2023, backed by a surge in condensate, according to the Department of Statistics Malaysia (DOSM).

It said there was a 23.8 per cent surge in condensate production after registering 16.2 per cent growth in the previous quarter.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit closes lower against greenback
PETRONAS Chemicals to prioritise domestic demand
KUB disposes of entire stake in GRP Holdings for RM13mil
SC reviewing laws to close loopholes, improve conviction rate
Affin Bank chairman Md Agil Mohd Natt retires
United Plantations eyes satisfactory FY26
AME REIT posts net profit of RM116.72mil for FY26
PETRONAS Chemicals to prioritise domestic demand, ensuring high-quality products
Willowglen bags RM12mil Singapore security maintenance contract
Samchem unit secures RM21.08mil Johor lease for chemical terminal

Others Also Read