Production 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.
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
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.
Activity details
SST & 预扣税
风险等级
电子发票 (MyInvois)
通过LHDN MyInvois开具电子发票时需要MSIC代码 06201。请在电子发票的分类字段中使用此代码。