Natural Gas Price Malaysia
Gas malaysia ensures a stable and continuous supply of gas to businesses throughout peninsular malaysia industrial customers we supply to a diverse range of industries that includes rubber products food beverage tobacco chemical products fabricated and basic metals and glass products among others.
Natural gas price malaysia. 0 600 mmbtu year. Natural gas monthly price malaysian ringgit per million metric british thermal unit. The main component is methane also known as ch4.
The price of natural gas is 0 021 u s. Dollar per kwh for households and 0 05 u s. Statement on reviewing of natural gas prices for the non electricity sector in peninsular malaysia effective 1st november 2014 natural gas tariff for gas malaysia bhd.
This page provides the natural gas price per million btu and its width of price fluctuation and also provides natural gas price charts for the past 90 days 180 days 1 2 5 and 10 years. Home commodity prices natural gas. Natural gas is a fossil fuel that is both odorless and colorless in its purest form.
0 50 mmbtu mth. Welcome to view the price of natural gas. Similar with other commodity prices the prices of natural gas are mainly driven by supply and demand fundamentals.
For comparison the price of natural gas in the world in that month is 0 05 u s. Natural gas u s spot price at henry hub louisiana. Dollar per kwh for businesses.
The natural gas reserves in sabah and sarawak overtook those in peninsular malaysia and this trend continues to the present day. Mar 2020 aug 2020. The price of natural gas is often affected by adverse weather.
At the current production rate malaysia s natural gas resources. Prices have been returning to pre pandemic levels on the back of growing demand ahead of the upcoming fall and winter seasons and falling inventories. Gas malaysia bhd will raise the average natural gas base tariff for the non power sector in peninsular malaysia to rm32 69 per million british thermal units mmbtu from jan 1 to june 30 next year up from the current rm31 92 per mmbtu.
Kuala lumpur dec 26. Customer effective 1st may 2014 gas malaysia energy services sdn bhd s gmes average natural gas selling price in year 2020. Natural gas futures traded around 2 6 mmbtu at the start of october and are up more than 80 from an over 25 year low touched in june.
These rates include all taxes fees and other components of the gas bill. 6m 1y 5y 10y 15y 20y. 1 906 24 79 chart.
