Malaysia Oil & Gas Report Q2 2018
Malaysia's long-term crude oil production will be hit as investment in deepwater exploration and production is curtailedamid low oil prices. The start-up of Petronas' PFLNG1 in H216 initiates a string of projects over 2017-2021 that will boost Malaysia'snatural gas production until 2021. Aggressive capex cuts by Petronas and a lack of FID on new projects to date will result in reducedproduction post-2021.
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