QUOTE(mopster @ Oct 1 2012, 03:22 AM)
ahh... tyvm
will definitely investigate further...
From my reading:
Petronas will award 2 more RSC by end of this year, Tembikai and Cenang..
many parties are bidding for it.. Skpetro, Dialog, Daya, Scammy, Alam...
i pray hard the last 3 are not getting it... at least Skpetro has come "credibility"
Dialog also eyeing brownfield redevelopment @ bayan..
yah u r right.. quite sad... they are actually reveloping all the used fields to squeeze every last drop of oil...

guess they need to start moving to deepwater fields if really wanna increase production..
also, the budget 10 years tax.exemption seem to
benefit downstream players more.. after reading from thestar paper..
Daya= dayang? I dont think dayang that bad...if its bad, some management inside is the pokershit
watch petra... skpetro = careful with politico related deals.
hibiscus petro might also benefits..
you know the term fools gold rush? = consider looking it as fools black gold rush malaysia version.
n downstream, okay.. what they want to do?
more petrochemical? more oil station?
The downstream oil sector is a term commonly used to refer to the selling and distribution of natural gas and products derived from crude oil. Such products include liquified petroleum gas (LPG), gasoline or petrol, jet fuel, diesel oil, other fuel oils, asphalt and petroleum coke.
The downstream sector includes petroleum product distribution, retail outlets and natural gas distribution companies. The downstream industry touches consumers through thousands of products such as gasoline or petrol, diesel, jet fuel, heating oil, asphalt, lubricants, synthetic rubber, plastics, fertilizers, antifreeze, pesticides, pharmaceuticals, natural gas, and propane. <wikipedia>
you think abt it yeah, what malaysia not yet develop at downstream? to be exact, nothing..all pretty much done.
who need more petroleum stuffs? when our down stream edi reach optimum point?
except for gas distribution..
This post has been edited by KVReninem: Oct 1 2012, 12:46 AM