Central & SE Asia / Australasia

Malaysia flag
Summary | Profile

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)

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

03 Sep 20
Malaysia: SapuraOMV announces Bakong first production from SK408 gas fields
SapuraOMV Upstream has announced stable production from its operated Bakong gas field project under the SK408 Production Sharing Contract. With this first production from Bakong field, Phase 1 of the SK408 development is now entirely on stream.
28 Jul 20
Malaysia: Petronas extends bid submission deadline for the 2020 Malaysia Bid Round
PETRONAS is extending the Data Review and Bid Submission deadline for the 2020 Malaysia Bid Round to 30 November 2020 for open exploration blocks and for discovered resources opportunities (DRO) clusters.
08 Jun 20
Malaysia: McDermott completes Pan Malaysia Transportation and Installation Projects
McDermott International has announced the completion of the Pan Malaysia Transportation and Installation Projects for Sarawak Shell and SapuraOMV, located offshore Miri, Sarawak.
03 Jun 20
Malaysia: Siemens to supply equipment for large-scale gas field development offshore Malaysia
Siemens Gas and Power was recently awarded a contract to supply three SGT-300 industrial gas turbine generators (GTG), three mechanical-drive SGT-300 gas turbines and three DATUM centrifugal compressors for the PETRONAS Kasawari Gas Field Development Project in the South China Sea, offshore Sarawak in Malaysia.
30 Mar 20
Malaysia: JX Nippon Oil & Gas, in collaboration with JOGMEC, has executed a Study Agreement with PETRONAS on the development of high CO2 gas fields
JX Nippon Oil & Gas, in collaboration with Japan Oil, Gas and Metals National Corp ('JOGMEC'), has executed a Study Agreement with PETRONAS to implement a joint study on the development of gas fields using CCS technology. The study focuses on the development of high CO2 gas fields in Malaysia which are currently assumed difficult to develop due to associated carbon dioxide.

Malaysia - more news

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