New Natural Gas Discovery in Malaysia

Assalamu alaikum. Just a quick piece of news. I usually am coming here giving you very sort of depressing, unhappy news, but there's actually a nice piece of news for Malaysia in that Mubadala Energy from Abu Dhabi was doing some gas, or was doing some exploration off the coast of Malaysia, and they found a new reservoir of natural gas. Mubadala is expecting that reservoir to be able to pump something like 500,000,000 cubic feet of gas per day. Petronas has a 25% stake in that.

So that's good for Malaysia. That's good for the Malaysian economy. That helps. And it helps in terms of energy production and potentially energy export to the region. So nice piece of good news.