LNG

Malaysian newcomers hope to benefit from TPA law

Malaysia’s third-party access law will come into force at the end of January, but it could be difficult for newcomers to compete with Petronas Malaysia’s third-party access law will come into force at the end of January, but it could be difficult for newcomers to compete with Petronas.
By Andrew Walker 11 January 2018 0 29049
An LNG terminal in Malaysia. Malaysia’s Melaka LNG terminal. (Petronas)

Malaysia could see lower domestic gas prices this year as a result of it opening up its gas and LNG infrastructure to third parties. However, the dominance of Petronas could make it tough for new entrants, according to analysts.

The third-party access (TPA) mechanism was introduced in January last year and includes a 12-month grace period giving time to attract new entrants and for existing players to apply for the relevant licences. As this period draws to a close at the end of January, a clearer...