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| MALAYSIAN NATURAL GAS RESERVES |
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Malaysia is ranked 14th in the world in terms of its gas reserves. As at 1 January 2008, the natural gas reserves in Malaysia stood at 88.0 trillion standard cubic feet (tscf) or 14.67 billion barrels of oil equivalent, approximately three times the size of crude oil reserves of 5.46 billion barrel.
Of this, 33.5 trillion standard cubic feet (tscf) or 38% is found off the East Coast of Peninsular Malaysia, 41.8 tscf (48%) offshore Sarawak and the remaining 12.7 tscf (14%) offshore Sabah. At the current rate of production, Malaysia's gas reserves expected to last another 36 years.  |
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Remaining Recoverable Reserves of Oil & Gas |
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| In 2007, Malaysia's production of natural gas averaged 7.01 bscf per day. As at 31 March 2008, Malaysia had 88 producing fields of which 61 were oil fields and 27 gas fields. About 50% of these producing fields are solely operated by PETRONAS's subsidiary, PETRONAS Carigali. |
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