0620
Extraction of natural gas
Case-by-case approval
Upstream petroleum operations require Production Sharing Contract (PSC) with Petronas. Foreign participation is structured via PSC terms, not equity.
- Foreign equity
- 100%
- Capital floor
- None
- Setup timeline
- 8–12 wk
Sector approval required
Standard Sdn Bhd RM 1
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 0620 pre-filled
Investment policy
Foreign ownership rules
Foreign ownership rules
- Oil & Gas UpstreamconditionalPETRONAS
Upstream petroleum operations require Production Sharing Contract (PSC) with Petronas. Foreign participation is structured via PSC terms, not equity.
Source
Sourced from MIDA sector booklets and respective regulators. Verify the latest rules with the regulator before investment decisions.
5 items in this class
Items
- 06201Production of crude gaseous hydrocarbon (natural gas)This activity involves the extraction and production of crude gaseous hydrocarbons, primarily natural gas, from underground reservoirs. It encompasses the processes of drilling, extraction, and initial processing of natural gas before it is transported for further processing or distribution.
- 06202Extraction of condensatesThis activity involves the extraction of condensates, which are hydrocarbon liquids that are separated from natural gas during production. It includes the recovery of these liquids from gas fields, contributing to the supply of various petroleum products.
- 06203Draining and separation of liquid hydrocarbon fractionsThis activity involves the extraction and separation of liquid hydrocarbon fractions from crude oil. It includes processes such as draining, which removes water and other impurities, and the separation of different hydrocarbon components for further processing or refining.
- 06204Gas desulphurizationGas desulphurization involves the removal of sulfur compounds from gases, primarily in the context of natural gas processing and refining. This process is essential for reducing sulfur emissions and improving the quality of gas for commercial use.
- 06205Mining of hydrocarbon liquids, obtain through liquefaction or pyrolysisThis activity involves the extraction of hydrocarbon liquids that are obtained through processes such as liquefaction or pyrolysis. It includes the mining of substances like crude oil and other liquid hydrocarbons derived from natural gas or coal.