News: Gas Malaysia a 'growing cash cow'

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3 comment(s). Last comment by King Kong73 2012-09-18 18:36

Raymond Tiruchelvam

865 posts

Posted by Raymond Tiruchelvam > 2012-09-18 18:26 | Report Abuse

i wonder whats the foreign shareholding percentage in gas malaysia? basically it buys natural gas from petronas super cheap and sells to industries cheap.... 100% make money lah, who does not know that.... how long can sustain, only God knows

King Kong73

2,065 posts

Posted by King Kong73 > 2012-09-18 18:35 | Report Abuse

cheap gas price is going to be over soon. bro raymond...gas price is going to go up ..that is why petronas gas have RGT terminal being built to convert imported liquified gas into natural gas..once they have finished building the 2nd and 3rd RGT terminal in Johor and Sabah..price of gas in malaysia will more or less reflect the market rate comparable to what other South East Asia countries are paying...part of the deal with the government so that petronas gas can increase their gas price. Petronas gas is a buy

King Kong73

2,065 posts

Posted by King Kong73 > 2012-09-18 18:36 | Report Abuse

gas malaysia is a buy too

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