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
| 27 Aug 24 |
Malaysia: Hibiscus Petroleum farms into Petronas Carigali’s Block PM 327 offshore Peninsular Malaysia Hibiscus Petroleum has signed an agreement to acquire a 30% Participating Interest in the Block PM327 Production Sharing Contract ('PM327 PSC') through a farm-in arrangement with PETRONAS Carigali. |
| 20 Aug 24 |
Malaysia: PETRONAS, ADNOC and Storegga to collaborate on offshore carbon capture and storage in Malaysia PETRONAS, ADNOC and Storegga have announced the signing of a Joint Study and Development Agreement (JSDA) to evaluate the carbon dioxide (CO2) emissions storage capabilities of saline aquifers and the construction of carbon capture and storage (CCS) facilities in the Penyu basin, offshore Peninsular Malaysia. |
| 08 Aug 24 |
Malaysia: PETRONAS' exploration yields significant successes in Malaysia and abroad PETRONAS has achieved outstanding successes in its exploration and appraisal activities in both Peninsular Malaysia and internationally, during the first half of 2024. |
| 29 Jul 24 |
Malaysia: PETRONAS signs three new Discovered Resource Opportunities Production Sharing Contracts offshore Peninsular Malaysia PETRONAS signed Production Sharing Contracts (PSCs) for three (3) clusters of Discovered Resource Opportunities (DRO) marketed under the Malaysia Bid Round Plus (MBR+) Round I. These clusters are located offshore Peninsular Malaysia. |
| 29 Jul 24 |
Malaysia: PETRONAS, Enilive and Euglena reach Final Investment Decision to construct a biorefinery in Malaysia PETRONAS, Enilive (a company directly controlled by Eni), and Euglena have reached the final investment decision (FID) to develop a biorefinery which will be located within PETRONAS’ Pengerang Integrated Complex (PIC), Johor, 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
