Malaysia Makes Major Natural Gas Find As Prices Soar

Malaysia is showing promise for the oil and gas industry as new natural gas finds could boost already high production levels and improve export potential in Southeast Asia.  This February, Thailand’s PTT Exploration & Production (PTTEP) announced its biggest gas find to date, off the coast of Malaysia. The discovery was made in partnership with Kuwait’s KUFPEC and Malaysia’s Petronas Carigali Sdn. Bhd.  The discovery was made in Lang Lebah-1RDR2, in the SK 410B Block, where exploration first commenced in 2019, around…