PETRONAS
February 1st, 2002
BY MARK ROWE
PETRONAS NGV, a unit of Malaysia's state oil and gas company Petroliam Nasional Bhd, plans to spend at least RM22 million (Pounds 4 million) this year to double the number of its service stations selling natural gas to fuel cars to 44 outlets. Malaysia wants to increase the use of compressed natural gas to reduce pollution in cities and conserve oil reserves. In January 2000, Malaysia's recoverable gas reserves of 84.4 trillion cubic feet were estimated to be about four times the recoverable oil reserves of 3.4 billion barrels.
PETRONAS NGV, a unit of Malaysia's state oil and gas company Petroliam Nasional Bhd, plans to spend at least RM22 million (Pounds 4 million) this year to double the number of its service stations selling natural gas to fuel cars to 44 outlets. Malaysia wants to increase the use of compressed natural gas to reduce pollution in cities and conserve oil reserves. In January 2000, Malaysia's recoverable gas reserves of 84.4 trillion cubic feet were estimated to be about four times the recoverable oil reserves of 3.4 billion barrels.
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