Uzma gets two licences from Energy Commission to import, dis

Uzma gets two licences from Energy Commission to import, distribute LNG within Malaysia


KUALA LUMPUR (Feb 17): Uzma Bhd’s unit has bagged two licences from the Energy Commission to import liquefied natural gas (LNG) for regasification in the country, as well as to transport or distribute natural gas within Malaysia.
Uzma said the licences allow Uzma to bring LNG into a regasification terminal in or within Malaysia by any means other than by transhipment, and to transport or distribute natural gas via regasification terminal or pipelines to consumer premises within Malaysia, pursuant to the implementation of Third-Party Access system.
According to a Bursa Malaysia announcement, Uzma said the licences were issued by virtue of the Gas Supply Act 1993 [Act 501] and had come into effect from Feb 3 and are valid for a period of 10 years.

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