Malaysia Energy

Displaying 1 - 6 of 12

 

With oil and gas prices at a relative low and global economic activity slowing, these are undoubtedly challenging times for oil and gas companies, producers and countries worldwide, and Malaysia is no exception. Yet despite the downsides, these are also key times for the development of new resources and strategies in the sector, with Malaysia...

 

In November 2014, Prime Minister Najib Razak announced that the country’s long-running system of fuel subsidies would be coming to an end in the following month. Over a year later, the expected pain that this move augured has been less than many had first feared. Former Central Bank governor Zeti Akhtar Aziz remarked as much in March 2016,...

 

Malaysia’s development strategy for 2015-20, the 11th Malaysia Plan (11MP), continues to stress previous commitments to “pursuing green growth for sustainability and resilience”, a concept that in power terms involves full support for the development of renewable energy (RE) projects nationwide.

 

Rapid economic growth over the last few decades has propelled Malaysia into the ranks of the major Asian manufacturing and industrial centres. Demand for power has been increasing sharply with this, particularly in urban clusters on the peninsula and, increasingly, in Sabah and Sarawak. Meanwhile, as per capita incomes rise, household demand...

 

The lifeblood of agricultural and industrial development, clean and reliable water resources remain as important today to the development of Malaysia as when Kuala Lumpur was originally founded at the confluence of the Kelang and Gombak Rivers.

 

While sustained economic expansion has created unprecedented opportunities for many Malaysians and given rise to more value-added industries, the energy infrastructure underpinning this growth is under increasing stress. To address the escalating challenge and stem mounting subsidy payments, the government and various stakeholders are...

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