Economy Minister Rafizi Ramli says new tariffs should reduce costs at production facilities by at least RM5.5 million. – The Malaysian Insight file pic, December 23, 2022.
Economy Minister Rafizi Ramli said the new tariff covers four gas facilities: the regasification terminal owned by Regas Terminal Sdn Bhd , the regasification terminal owned by Pengerang LNG Sdn Bhd , the transmission pipeline owned by Petronas Gas Bhd and the distribution pipeline owned by Gas Malaysia Distribution Sdn Bhd .
Rafizi also said the average basic tariff for RGTP dropped by 9.2% at a rate of RM3.165/GJ/day compared to RM3.485/GJ/day currently and there was no income adjustment for the period from January 1, 2023, to December 31, 2023.