Pursuant to the Government’s decision to set the consumer gas price sold by Gas Malaysia Energy Services Sdn. Bhd. (GMES) in the gas distribution segment for a period of two (2) years starting from 1 January 2020 until 31 December 2021 with the price being reviewed every year, the details of which are as follow:

Gas price to existing GMB consumers until expiry of GSA:

1. All existing Gas Malaysia Berhad (GMB) consumers will enjoy a fixed gas price for 2 years starting 1 January 2020 until 31 December 2021. The government has fixed the consumer gas price at the average price of RM33.65/mmbtu for the year 2020. The price for the year 2021 shall be reviewed and set by the government before end of 2020.
2. Gas price to consumers beginning 1 January 2022 shall be on a willing-buyer willing-seller basis including the terms and conditions of the gas sales agreement. 
   
   

Transition into liberalized gas market: 

1. All GMB consumers whose Gas Sale Agreements (GSA) expire in 2020, 2021 and 2022, shall enter into a gas supply agreement with GMES on the same commercial terms. The technical terms may differ slightly to clarify the roles and responsibilities of Gas Malaysia Distribution Sdn. Bhd. (GMD) in delivering gas to consumers’ premises for and behalf of GMES.
2. For all consumers whose GSAs expired in 2019, GMES shall offer a short term gas supply agreement of 6 months starting from 1 January 2020 on the same commercial terms including provision for regulated gas pricing. Upon expiry of the GSAs, the consumers may opt to choose any supplier on a willing-buyer willing-seller basis.
3. For all consumers whose GSAs expire in 2022, GMES shall offer new commercial terms and pricing for sales of gas from 1 January 2022 onwards. The consumers may opt to accept the offer or may exit the agreement without any penalty except for all the due obligations and commitment prior to 31 December 2021. 
   
   

Option for TPA:

1. Any consumer may enter into a new GSA with any supplier on a willing-buyer willing-seller basis at any time within the Take-or-Pay provision as stipulated in the GSA with GMES and the terms of the GSA with GMES shall prevail.
2. Any consumer who requires a volume of gas above the DQ with GMES may acquire the gas from any supplier on a willing-buyer willing-seller basis.
3. Any consumer whose GSA with GMES expires in 2020 and 2021 may opt to choose any suppliers on a willing-buyer willing-seller basis after the expiry of the GSA.
4. A single metering facility can be used by multiple suppliers at the same time, provided always there is no technical limitation. Management of multiple GSAs over a single metering facility shall be done through the Allocation Principle approved by ST.