Last two weeks Malaysia make another huge success in selling their Natural Gas to mainland China. This time we are exporting a total of 3.03 million Metric Tons a year currently worth 25 billion US Dollars.
All Malaysian should be very happy to hear about this outstanding achievement and a new milestone by Malaysia.
Petronas need to develop this new field(s) and pipe the gas to Bintulu and construct a new LNG trains to cope with the order.
A new fleet of LNG tankers need to be ordered and perhaps a new export terminals have to be added to the current facilities.
Well this is something that I would like readers to understand the reasons why I have been saying that we have lots of Natural Gas and we need not cut the virgin forest for Palm oil caltivation for BioDiesel production.
We have plenty of gases but due to some political reasons they are will not be make known to the public unless there are some commercial purposes.
The sad thing is that we Malaysian will not enjoy very much from this new sale to China. Only Petronas will make a huge chunk and we have to only wait for them to trickle some benefits to all of us.
I was expecting something that will promote the use of NGV in Malaysia.
How I wish:
1) All Malaysian will have more NGV stations in both Peninsular and East Malaysia. From 200 recently announced, it will be triple by year 2010.
2) From the income generated, the government will allocate say 5% for NGV promotional or grant or financial assisstant to those who runs any business that are closely associated in NGV.
3) The government have taken stern moved in getting all Petrol Pump station owners to instal NGV dispensers by year 2010. If they do not, their lisence will be terminated.
4) The government have instructed Gas Malaysia to be more active in Natural Gas distribution inclusive of operating NGV dedicated stations.
Saturday, November 11, 2006
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