<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 30): Petronas Gas Bhd (PetGas) said the incentive-based regulation (IBR) tariff for its Peninsular Gas Utilisation facility has been set at RM1.061 per gigajoules (GJ) per day for 2023, and RM1.063 for 2024 and 2025.</p></div>

<div class=newsTextDataWrapInner><p>The tariffs were approved by the government through the Energy Commission for the regulatory period 2 (RP2), commencing from Jan 1, 2023 till Dec 31, 2025.</p></div>

<div class=newsTextDataWrapInner><p>In a bourse filing, PetGas said the RP2 tariffs are not expected to impact its business operations during RP2.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“While the RP2 tariffs are expected to affect the group’s transportation and regasification business segment revenues during the RP2, both segments are anticipated to continue contributing positively to PetGas and its subsidiaries’ earnings,” it added.</p></div>

<div class=newsTextDataWrapInner><p>PetGas also operates two other gas infrastructure assets with third-party access, namely the Regasification Terminal Sungai Udang (RGTSU) and the Regasification Terminal Pengerang (RGTP).</p></div>

<div class=newsTextDataWrapInner><p>The IBR tariff for the RGTSU facility is set at RM3.455 per GJ per day, and for the RGTP facility at RM3.165 per GJ per day,</p></div>

<div class=newsTextDataWrapInner><p>Shares of PetGas closed unchanged at RM17.12 on Friday (Dec 30), giving the group a market capitalisation of RM33.88 billion.</p></div>


Petronas Gas Bhd (PetGas) said the incentive-based regulation (IBR) tariff for its Peninsular Gas Utilisation facility has been set at RM1.061 per gigajoules (GJ) per day for 2023, and RM1.063 for 2024 and 2025.

The tariffs were approved by the government through the Energy Commission for the regulatory period 2 (RP2), commencing from Jan 1, 2023 till Dec 31, 2025.

Petronas Gas: Tariff for Peninsular Gas Utilisation facility set at RM1.061 for 2023

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<p>PUTRAJAYA (Jan 5): The Royal Malaysia Police (PDRM) has advised the public not to participate in a rally scheduled to take place at the Palace of Justice here on Monday (Jan 6), as it has not received permission from the owner of the venue.</p>


<p>SEOUL (Jan 5): The chief of security for South Korean President Yoon Suk Yeol said on Sunday that he could not cooperate with efforts to arrest the impeached leader, in remarks that could push the political crisis towards another high-stakes confrontation.</p>


<p>BANGI (Jan 5): Umno President Datuk Seri Dr Ahmad Zahid Hamidi has reminded party members not to participate in a rally scheduled to take place at the Palace of Justice in Putrajaya on Monday (Jan 6).</p>


<p>TAIPEI (Jan 5): Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter, on continued strong demand for artificial intelligence (AI) servers.</p>


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<p>MOSCOW (Jan 5): Russian airports in the cities of Kazan, Nizhnekamsk, Izhevsk and Perm, which temporarily halted flights on Sunday morning to ensure the safety of civilian aircraft, have resumed normal operations, the aviation watchdog Rosaviatsia said.</p>


<p>DOHA/DUBAI/CAIRO (Jan 5): Syria's new Islamist rulers said on Sunday that US sanctions on Syria were an obstacle to the war-torn country's rapid recovery, and urged Washington to lift them during a visit by Syrian officials to Qatar.</p>


<p>ATHENS (Jan 5): Former Greek prime minister Costas Simitis, who led the country into the European Union's (EU) single currency in 2001, died on Sunday, aged 88, at his summer house in the Peloponnese.</p>


<p>(Jan 5):&nbsp;United Airlines said on Sunday that it expects to begin testing Elon Musk's Starlink in February&nbsp;for in-flight internet services, and to first offer the connectivity on a commercial flight operated by Embraer&nbsp;aircraft this spring.</p>
