Oil and gas industry boosting country’s coffers


PETALING JAYA: The oil and gas industry contributed 14.5% of the country’s gross domestic product (GDP) and 14.7% to the Government’s revenue last year.

The National Transformation Programme Annual Report 2016 said the National Key Economic Area (NKEA) contributed RM179.9bil in gross national income (GNI) and generated RM411.5bil in investments last year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Environment , petrol , oil and gas , palm oil , rubber

Next In Nation

UTM to collaborate with Peking university
Australia deports M'sian with child sexual abuse material found on his phone
Seven nabbed during anti-human trafficking raid in Taman Maluri
Ex-army chief charged with money laundering involving RM2.1mil
Defence industry players welcome new national policy for self-reliance
Over 248,000 job offers given to rehabilitated addicts since 2020
Cops recorded 179 cases of drugs sold on digital platforms since 2023
Over 1,200 murder cases recorded from 2021 to 2025
Average of 3,169 new HIV cases recorded annually since 2018
Total of 478 foreign vessels detained between 2020 and 2025

Others Also Read