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    Malaysian LNG Exports Rise 7.5% in November

Summary

Value of Malaysian LNG exports during November 2017 grew 7.5% due to increase in export volume, country’s department of statistics said earlier this month.

by: Shardul Sharma

Posted in:

Natural Gas News, Asia/Pacific, LNG, News By Country, Malaysia

Malaysian LNG Exports Rise 7.5% in November

The value of Malaysian LNG exports during November 2017 grew 7.5% as exports rose in volume, the country’s department of statistics said earlier this month. LNG exports – which contributed 4.2% to total exports – grew ringgit 243.7mn ($61.42mn) or 7.5% to ringgit 3.5bn owing to the increase in export volume (8.7%) although the average unit value dropped 1.1%, the department said.

During January-November period, value of LNG exports was ringgit 36.38bn compared with 28.82bn during the same period of 2016.