OTHERS DISTRIBUTION TARIFF FOR GAS MALAYSIA DISTRIBUTION SDN. BHD. IN PENINSULAR MALAYSIA
GAS MALAYSIA BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | DISTRIBUTION TARIFF FOR GAS MALAYSIA DISTRIBUTION SDN. BHD. IN PENINSULAR MALAYSIA |
Gas Malaysia Berhad (“Gas Malaysia” or “the Company”) wishes to inform that the implementation of the surcharge of RM0.62/MMBtu as part of the Distribution Tariff for users of the Natural Gas Distribution System (“NGDS”) facility owned by Gas Malaysia’s wholly owned subsidiary, Gas Malaysia Distribution Sdn. Bhd. (“GMD”) will be discontinued for the gas delivered effective from 1 October 2021.
Therefore, GMD’s Distribution Tariff under the Incentive-Based Regulation (“IBR”) framework for all types of utilisations is RM2.05/MMBtu for the period from 1 October 2021 until 31 December 2021.
Gas Malaysia wishes to clarify that the tariff approval is not applicable to the sales of liquefied petroleum gas supplied in gas cylinder or in bulk supply.
The distribution tariff 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 | GA1-11102021-00052 |