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M'sians to pay up to 8% more for piped natural gas

Businesses are also not spared from paying more from July, but electricity tariffs are kept unchanged; economy expected to be hit by the higher gas tariffs

Published Wed, Jun 29, 2016 · 09:50 PM

Electricity

Kuala Lumpur

ALREADY grappling with the soaring cost of living, Malaysians will have to fork out up to 8 per cent more in gas bills as the price of piped natural gas is set to increase from July 1. But a double whammy was averted when Putrajaya kept electricity tariffs unchanged.

Even so, the hike in gas prices - in the peninsula by RM1.50/MMBtu (or one million British thermal units) to RM19.70 from RM18.20 - is yet another burden for most Malaysians hurt by a diminishing ringgit.

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