Malaysia still exposed to oil price swings despite LNG strength – Kenanga Research
KUALA LUMPUR: The recent oil shock has exposed a less visible vulnerability in Malaysia's energy balance, even as the country remains a net energy exporter,…
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KUALA LUMPUR: The recent oil shock has exposed a less visible vulnerability in Malaysia's energy balance, even as the country remains a net energy exporter, said Kenanga Research. However, the bank estimates an annual increase of around RM1.05 billion for each US$1/bbl move. Combined, these targeted subsidy initiatives could save RM4.5 billion to RM6.0 billion annually.
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KUALA LUMPUR: The recent oil shock has exposed a less visible vulnerability in Malaysia's energy balance, even as the country remains a net energy exporter, said Kenanga Research
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However, the bank estimates an annual increase of around RM1.05 billion for each US$1/bbl move.
according to BernamaCombined, these targeted subsidy initiatives could save RM4.5 billion to RM6.0 billion annually.
according to Bernama
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