Asia Gas Hub, UTP pens MoU to collaborate on establishing digital gas marketplace

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KUALA LUMPUR, June 28 — Energy market solutions provider Asia Gas Hub (AGH) has collaborated with Universiti Teknologi Petronas (UTP) and signed a memorandum of understanding...

Tuesday, 28 Jun 2022 4:41 PM MYT

In a statement today, AGH Chief Executive Officer Faris Mustaffa said that the MoU will be in force for a period of three years and the cooperation with UTP will enhance the development of the required systems for the Malaysian gas market to operate on a level equal to that of more mature markets, such as in the US or Europe.

"We are confident this collaboration will further inspire more innovative ideas and solutions that support our nation’s aspiration to establish Malaysia as the ASEAN gas trading hub following the liberalisation of the gas market,” he said. Asia Gas Hub Sdn Bhd, established in 2019 as a subsidiary of The eCEOs Sdn Bhd, is an independent energy market solutions provider with a primary objective to develop a Digital Gas Marketplace.

 

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