Malaysia Oil And Gas News
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Malaysia Oil and Gas Profile

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Introduction

  • Malaysia is the second largest oil and natural gas producer in Southeast Asia, the second largest exporter of liquefied natural gas globally, and is strategically located amid important routes for seaborne energy trade.
  • According to the Oil & Gas Journal (OGJ), Malaysia held proven oil reserves of 4 billion barrels as of January 2013, the fifth-highest reserves in Asia-Pacific after China, India, Vietnam, and Indonesia. Nearly all of Malaysia's oil comes from offshore fields.
  • According to the OGJ, Malaysia had 83 trillion cubic feet (Tcf) of proven natural gas reserves as of January 2013, and it was the third largest natural gas reserves holder in the Asia-Pacific region.

News

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