Central & SE Asia / Australasia
Country profile: Malaysia
| Location: | Southeastern Asia, peninsula bordering Thailand and northern one-third of the island of Borneo, bordering Indonesia, Brunei, and the South China Sea, south of Vietnam |
| Climate: | tropical; annual southwest (April to October) and northeast (October to February) monsoons |
| Terrain: | coastal plains rising to hills and mountains |
| Size: | 329750 sq. km total (Land area: 328550 sq. km Water area: 1200 sq.km) |
| Population: | 25,274,133 (July 2008 est.) |
| Languages: | Bahasa Malaysia (official), English, Chinese (Cantonese, Mandarin, Hokkien, Hakka, Hainan, Foochow), Tamil, Telugu, Malayalam, Panjabi, Thai |
| Government: | constitutional monarchy |
| Capital city: | Kuala Lumpur |
| Legal system: | based on English common law; judicial review of legislative acts in the Supreme Court at request of supreme head of the federation; Islamic law is applied to Muslims in matters of family law and religion; has not accepted compulsory ICJ jurisdiction |
| Currency: | ringgit (MYR) |
| Licensing: |
Country profile
During the late 18th and 19th centuries, Great Britain established colonies and protectorates in the area of current Malaysia; these were occupied by Japan from 1942 to 1945. In 1948, the British-ruled territories on the Malay Peninsula formed the Federation of Malaya, which became independent in 1957. Malaysia was formed in 1963 when the former British colonies of Singapore and the East Malaysian states of Sabah and Sarawak on the northern coast of Borneo joined the Federation.
The first several years of the country's history were marred by a Communist insurgency, Indonesian confrontation with Malaysia, Philippine claims to Sabah, and Singapore's secession from the Federation in 1965. During the 22-year term of Prime Minister MAHATHIR bin Mohamad (1981-2003), Malaysia was successful in diversifying its economy from dependence on exports of raw materials to expansion in manufacturing, services, and tourism.
Energy production and consumption
| Oil | Gas | |
| Production: | 751,800 bbl/day (2005 est.) | 60 billion cu m (2005 est.) |
| Consumption: | 501,000 bbl/day (2005 est.) | 31 billion cu m (2005 est.) |
| Exports: | 611,200 bbl/day (2004 est.) | 29 billion cu m (2004 est.) |
| Imports: | 278,600 bbl/day (2004 est.) | |
| Reserves: | 3 billion bbl (2007 est.) | 2 trillion cu m (1 January 2006 est.) |
| Major fields: |
Malaysia - recent news
| 26 Jul 24 |
Malaysia: Jadestone Energy announces award of SFA Cluster PSC offshore Peninsular Malaysia Jadestone Energy has announced that, through the Malaysia Bid Round Plus ('MBR+'), it has been awarded a 100% participating interest in a Small Field Asset Production Sharing Contract (the 'SFA Cluster PSC') offshore Peninsular Malaysia. |
| 25 Jul 24 |
Malaysia: PETRONAS acquires land for Carbon Capture and Storage hub in Malaysia PETRONAS, through its subsidiary PETRONAS CCS Solutions ('PCCSS'), has signed a land rental agreement with Kuantan Port Consortium to progress plans for its Southern Carbon Capture and Storage (CCS) hub in Pahang, Malaysia. |
| 11 Jul 24 |
Malaysia: Jerun field achieves first gas production to boost Malaysia's energy supply PETRONAS has announced that the Jerun field in Block SK 408, located approx. 160 km off the coast of Sarawak, offshore Malaysia, has recently achieved its first gas production. Capable of producing up to 550 million standard cubic feet per day (mmsfd), the project is poised to address the increasing global energy demand. |
| 01 Jul 24 |
Malaysia: PETRONAS awards NBE Cluster PSC to fuel long term energy needs PETRONAS, through Malaysia Petroleum Management (MPM), has signed a Small Field Asset (SFA) Production Sharing Contract (PSC) with Vestigo Petroleum for a Discovered Resource Opportunity (DRO) cluster, which was marketed under the Malaysia Bid Round Plus (MBR+). |
| 27 Jun 24 |
Malaysia: Longboat Energy announces Block 2A Competent Persons Report Longboat Energy, an emerging E&P company focused on Southeast Asia, has provided a summary of the Competent Persons Report ('CPR') published on its website in respect of Block 2A offshore Sarawak in eastern Malaysia. |
Malaysia - more news
Other countries in this region
- Australia,
- Bangladesh,
- Brunei,
- Cambodia,
- China,
- Fiji,
- Hong Kong,
- India,
- Indonesia,
- Japan,
- Laos,
- Maldives,
- Mongolia,
- Myanmar,
- Nepal,
- New Zealand,
- North Korea,
- Pakistan,
- Palau,
- Papua New Guinea,
- Philippines,
- Singapore,
- South Korea,
- Sri Lanka,
- Taiwan,
- Thailand,
- Timor Leste,
- Vietnam
