Malaysia energy report

• Institutions & Energy Policy

  The Economic Planning Unit (EPU), a powerful planning body under the supervision of the Prime Minister, drafts the country's energy policy through its energy division (Energy Section). Decisions are taken by a restricted council of ministers, the "Cabinet Committee on Energy".

• Energy Companies

  Oil:

  The oil sector is dominated by Petronas (77.2% public, 8.5% foreign investors).

• Energy Supply

  Gas:

  Natural gas production has been increasing since 2000, growing from 50 bcm to 67 bcm in 2019 +1%/year since 2010).

  The country is the fourth largest LNG exporter in the world, with 34 bcm in 2019) behind Qatar, Australia, and the USA (2^nd in 2015).

• Energy Prices

  Oil:

  In an attempt to reduce its fiscal deficit, Malaysia cut fuel subsidies in 2013, which saved US$1bn in 2014. End-consumer prices increased by US$0.06/l. Low-income families benefit from higher cash pay-outs to soften the impact of the price hike.

• Energy Consumption

  In 2019, consumption per capita was 2.8 toe. This is higher than neighbouring countries. Electricity consumption per capita has increased from 3 900 kWh per capita in 2010 to 4 750 kWh in 2019.

  Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

  

• Issues & Prospects

  Oil:

  Petronas plans to reduce its investments by 21% and its operating costs by 12% in 2020, due to collapsing energy demand and falling oil prices linked to the COVID-19 pandemic. The company originally planned to spend US$11.5bn in 2020. Most of the capital expenditure cuts will be made outside of Malaysia, but some domestic projects are likely to be delayed.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Malaysia energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2019, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2019, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Consumption trends by energy source (Mtoe)
• GRAPH 8: Total consumption market share by energy (2019, %)
• GRAPH 9: Final consumption market share by sector (2019, %)

In the Malaysia energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

The Malaysia energy market data since 1990 and up to 2019 is included in the Excel file accompanying the Malaysia country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

• Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO₂ emissions.
• Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
• Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
• Energy Balance: total and per energy.
• Malaysia Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Malaysia energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO₂ emissions (from fuel combustion).