Image via Wikipedia Malaysia, with population of about 28 million, is one of the fastest-growing economies in Asia. Although blessed with petroleum resources, this strategically-important Southeast Asian nation is relatively a small producer with reserves of 5.5 billion barrels of oil and 88 trillion cubic feet of natural gas. Malaysia has significant natural gas exploration and development in the Malaysia-Thailand Joint Development Area, located in the lower part of the Gulf of Thailand, which is highlighted by almost three-fourth share of natural gas in the energy mix in 2009. During the last decade, Malaysia has seen almost 20 percent increase in energy generating capacity from 13,000MW in the year 2000 to 15,500MW in 2009. The maximum demand for electricity last year was 14,000MW in Peninsular Malaysia, 700MW in Sabah and 900MW in Sarawak. Electricity generation in Malaysia is projected to grow further at an average annual rate of 4.7 percent. Most of powe...
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