News

17 LNG importers, 12 shippers secure licences to join TPA market- MGA

Malaysian Gas Association (MGA)

KUALA LUMPUR, May 4  -- A total of 17 liquefied natural gas (LNG) importers and 12 shippers have been granted licences by the Energy Commission to participate in the third-party access (TPA) market, said the Malaysian Gas Association (MGA).

In a statement today, MGA president Hazli Sham Kassim said the TPA is a fundamental building block of the gas market liberalisation.

“An attractive TPA will ensure the success of the gas market liberalisation, leading towards a vibrant and sustainable gas industry.

“The industry has been driving the nation’s economic growth and offering employment throughout its value chain,” he said.

MGA represents more than 130 corporate members that serve the entire gas value chain, from upstream to downstream.

The association said Malaysia’s gas market is expected to be fully liberalised by 2022 when the remaining regulated gas tariff ends on Dec 31, 2021. 

“Full gas market liberalisation sets the path towards a vibrant and sustainable natural gas industry.

“The nation has benefited and will continue to benefit from natural gas as an important source of energy, enhancing our energy security and reliability,” it said.

It added that the gas industry had been playing a major role in Malaysia’s socio-economic growth, bringing over RM135 billion per annum of economic impact and created over 80,000 jobs in the wider economy.

-- BERNAMA

 

 

    Other News

Solarvest Akan Pasang Panel Fotovoltaik Solar Terbesar Di Malaysia Di Pusat Beli Belah 1 Utama

KUALA LUMPUR, 15 April (Bernama) -- Bandar Utama City Centre Sdn Bhd melantik anak syarikat Solarvest Holdings Bhd, Solarvest Energy Sdn Bhd, untuk memasang panel fotovoltaik (PV) solar terbesar di Malaysia dan panel PV bersepadu-bangunan di pusat beli-belah 1 Utama.

Verdant Solar Sasar 2,600 Pemasangan Panel Pada Tahun Ini - Ceo

Oleh Siti Radziah Hamzah

KUALA LUMPUR, 11 April (Bernama) -- Penyedia penyelesaian tenaga solar, Verdant Solar Sdn Bhd menyasarkan untuk menggandakan bilangan pemasangan panel solarnya kepada 2,600 pada tahun ini berbanding 1,300 pada 2023.

Aidilfitri: Orang Ramai Dinasihat Utamakan Keselamatan Elektrik Dan Gas - St

PUTRAJAYA, 8 April 2024 (Bernama) -- Orang ramai dinasihatkan supaya mengutamakan keselamatan elektrik dan gas menjelang sambutan Aidilfitri tidak lama lagi.