Fortunately, the Malaysian government will be subsidising RM1.59/MMBtu, which brings the average base tariff to RM26.46/MMBtu, a 0.57% increase from RM26.31/MMBtu previously.
SINGAPORE (July 17): DBS is remaining positive on Malaysia’s glove manufacturers despite the recent gas tariff hike.
Gas Malaysia has revised the natural gas tariff to an average gas tariff of RM28.05/MMBtu ($8.95/MMBtu) for the period of July 1, 2017 to Dec 31, 2017.
