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buy apple developer account :Uzma ventures into gas supply business

admin2021-02-2023

“Uzma group is excited to embark on the new opportunity within the LNG space and to play a role in ensuring the country’s energy needs are met. These licences will enable Uzma group to continue to support the Malaysian Energy sector and diversify our business further downstream, ” said Uzma Group CEO Datuk Kamarul Redzuan.(pic) PETALING JAYA: Uzma Bhd’s unit has been awarded two licences from Suruhanjaya Tenaga to import liquefied natural gas (LNG) for regasification in the country, and a shipping license to transport or distribute natural gas within Malaysia. The oil and gas services company said the licences secured by its wholly-owned subsidiary Uzma Engineering Sdn Bhd (UESB) would take effect from Feb 3,2021, and they would be valid for 10 years. In a statement to Bursa Malaysia yesterday, Uzma said the licences would allow Uzma to bring LNG into a regasification terminal into or within Malaysia by any means other than by transhipment, and to transport or distribute natural gas via regasification terminal or pipelines to consumer premises within Malaysia, pursuant to the implementation of third-party access system. “Uzma group is excited to embark on the new opportunity within the LNG space and to play a role in ensuring the country’s energy needs are met. These licences will enable Uzma group to continue to support the Malaysian Energy sector and diversify our business further downstream, ” said Uzma Group CEO Datuk Kamarul Redzuan.This new business segment is part of Uzma’s five-year plan to broaden its earnings base and to build a healthy revenue mix of ongoing oil and gas upstream projects as well as a segment made up of stable and recurring revenue.
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