Average gas tariff to go up 5.95pc
Published on: Thursday, June 30, 2016
Kuala Lumpur: The average gas tariff will be revised upwards by RM1.52/MMBtu, or 5.95 per cent, from RM25.53/MMBtu to RM27.05/MMBtu, effective July 15, 2016, Gas Malaysia said.The revision, however, will not affect the residential customers, where the tariff will stay at RM19.52/MMBtu, it said in a filing to Bursa Malaysia Wednesday.Stay up-to-date by following Daily Express’s Telegram channel.
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"While the tariff revision has no material impact on Gas Malaysia's business operation, it is expected to contribute positively to the company's financial position for the financial year ending Dec 31, 2016," it said.
