Malaysia Energy

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With production diminishing from maturing oil fields, domestic consumption on the rise and an increasing amount of lucrative natural gas destined for the export market, Malaysia is stepping up efforts to stem the tide of increasing energy demand by significantly boosting capital expenditures in the upstream sector. If successful, this...

 

With Malaysia’s steady economic growth and an expected regional surge in energy demand, the country’s oil and gas sector continues to play a key role economically, socially and strategically. Spearheaded by domestic energy champion Petroliam Nasional (Petronas), the industry already has an established track record of discovering and exploiting...

Chapter | Energy from The Report: Malaysia 2014

With Malaysia’s steady economic growth and expected regional surge in energy demand, the country’s oil and gas sector continues to play a key role economically, socially and strategically. Most of the country’s major oil-producing fields are in the west, with the Sabah and Sarawak basins in the east. As mature oil fields continue to decline in production, development of new fields has shifted...

Malaysia’s natural resources and its well-educated population are some of the many credentials that keep the country in good stead, with priorities centred on preparing for the ASEAN Economic Community in 2015 and steering the policy framework toward more inclusive political representation. The economy is built around global trade, and the government is working to encourage greater private investment.

The future of solar energy in Malaysia received a powerful boost on June 16 with the commissioning of the country’s largest solar power plant to date. The project’s operator, Malaysia-based Amcorp Group, awarded the production of the power plant’s solar panels to Chinese manufacturer Yingli Green Energy Holding Company. The project spans an area of almost 14 ha and will require some 40,000 photovoltaic (PV) units, which are estimated to produce 13.6m KWh of electricity annually.
Companies servicing Malaysia’s oil and gas sector are using the experience and expertise gained during collaborative ventures with foreign firms as a launchpad for overseas expansion.

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