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OTHERS NATURAL GAS SELLING PRICE FOR GAS MALAYSIA ENERGY AND SERVICES SDN. BHD. IN PENINSULAR MALAYSIA

GAS MALAYSIA BERHAD

Type Announcement
Subject OTHERS
Description
NATURAL GAS SELLING PRICE FOR GAS MALAYSIA ENERGY AND SERVICES SDN. BHD. IN PENINSULAR MALAYSIA

Gas Malaysia Berhad (“Gas Malaysia” or “the Company”) wishes to inform that the average natural gas selling price for the distribution segment by Gas Malaysia’s wholly-owned subsidiary, Gas Malaysia Energy And Services Sdn. Bhd. (“GMES”) for the fourth quarter beginning 1 October 2021 to 31 December 2021 is RM36.42/MMBtu.

 

The above average natural gas selling price includes the Transportation Tariff of RM1.19 per MMBtu and Distribution Tariff of RM2.05 per MMBtu as previously approved by Suruhanjaya Tenaga. The legacy Gas Cost Pass Through of RM0.62 per MMBtu will be discontinued for the gas delivered effective 1 October 2021.

 

Gas Malaysia wishes to clarify that this selling price revision is not applicable to the sales of natural gas for Natural Gas Vehicle and Liquefied Petroleum Gas supplied in gas cylinder or in bulk. 

 

The selling price revision will continue to contribute positively towards the financial position of the Company for the financial year ending 31 December 2021.

 

This announcement is dated 11 October 2021.






Announcement Info

Company Name GAS MALAYSIA BERHAD
Stock Name GASMSIA
Date Announced 11 Oct 2021
Category General Announcement for PLC
Reference Number GA1-11102021-00059


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