Dr.Lyu Guo :+86 13401184506      Patrick:+86 15210926153     Email:1127203572@qq.com     

Mining Investment Information of Malaysia
editor:suntrans   time:2013-05-17

Malaysia is located in north latitude 1°-7°, and east longitude 97°-120°. The territory is divided into east part and west part by the South China Sea. West Malaysia is located in the southern Malay Peninsula, with northern part bordering Thailand, southern part across the Strait of Johor facing towards Singapore, eastern part bordering the South China Sea and western part bordering the Strait of Malacca. East Malaysia is located in the northern Kalimantan and it is close to Indonesia, Philippines and Brunei. Malaysia’s terrain is lower in the south and higher in the north; mountain lands in the central region cover the most area and the altitude of mountain decreases to the east and west part. The coastal area is plain.
Malaysia is rich in mineral resources and its mining industry takes an important position in the national economy. The coastal areas have rich reserves of oil and natural gas. The oil is characterized with good quality and is mainly exported to Japan. Tin reserves rank among the world’s top 10. Malaysia enjoys the reputation of “Tin Country” in the world.

(1)Oil and Natural Gas
In the late 1960s, Malaysia’s oil and natural gas production gradually shifted to the sea, and in the early 1970s, all the new oil and natural gas fields were on the sea. From 1990s till now, Malaysia’s offshore oil and natural gas explorations are so active that has 170 drilling wells in total with the average drilling-encounter ratio of 42%. In 2007, 17 oil and natural gas fields were found in Malaysia. Until 2008, Malaysia’s proved remaining oil reserves were 548 million tons which are mainly distributed in 3 offshore oil storage basins: Malay basin, covering an area of 224,000 km2 and including Dulang Field and Seligi Field, Sarawak basin, which covers an area of 220,000 km2 and Sabah basin, which covers an area of 34,000 km2 and strikes NE.

Until 2009, the proved remaining natural gas reserves of Malaysia were 2.38 trillion cubic meters. Malaysia-Thailand joint development zone is one of the most important areas of natural gas exploration and development in Malaysia. The joint development zone, located in the Gulf of Thailand, is managed by the Malaysia-Thailand Joint Administration (MTJA). Malaysia-Thailand joint development zone includes Block1-18, Block B-17 and Block C-19. Petronas and AmeradaHess develop the other blocks with equal equity.

The exploration and development work of oil and natural gas were carried out by the Petronas and venture group which is composed by Petronas and foreign companies.
Malaysia is the world’s second largest liquefied natural gas (LNG) exporter and the total production was 62.7 billion cubic meters in 2009.

In 2008, world’s tin reserves and basic reserves were 5.6 million tons and 11 million tons respectively, a decrease of 500,000 tons compared to 2007. The decreased amount was caused by declining trend of tin exploration and development in Malaysia. Tin reserves and basic reserves of Malaysia were 500,000 tons and 600,000 tons respectively until 2008.

Malaysia once was the world’s third largest stannary producer, but in recent years, the tin production reduced gradually due to decrease of tin resources and ore grade. The tin production was 2,000 tons in 2009 and 2,300 tons in 2007. Malaysia has been one of the world’s important refined tin producers. Malaysia Smelting Corporation Berhad (MSC) is the only integrated producer of tin in Malaysia. MSC is build in the Butterworth Smelter along the coast of Penang with current annual production capacity of 27,000 tons of refined tin. In order to assure the domestic production, Malaysia imported about 20,000 tons of refined tin from Australia, Indonesia, South Africa and many other countries in 2007. In the past two years, MSC has already transferred its production work to countries like Australia, China, Indonesia, and Philippines.

Malaysia’s mining industry takes an important position in its economy: mining industry makes a direct contribution of 27 billion ringgit (from 2007 Asia Pacific mining conference report;1 U.S. dollar equals 3.5 ringgit) to Malaysia’s GDP, which accounts for about 5.3% of GDP, in which 92.6% comes from natural gas and oil.

CVM Minerals Limited announced that it was to build a magnesium plant with production capacity of 30,000 tons in Taiping City of Perak State, Malaysia. The total investment was about 150 million ringgit, and the construction started on Feb. 26th, 2008 and completed in the first half year of 2009.
Petronas purchased the stock rights of Santos Ltd. on the development project of Queensland by $2.51 billion; the initial investment was $2.01 billion. (Source: website of China-ASEAN Mining Cooperation Forum)


Previous:Mining Investment Information of PhilippinesNext:Mining Investment Information of Vietnam
Cooperative companies
Free Trial Translation
Original languages: 
Target languages: 
Including proofreading or no:
Purposes of the paper:
Mobile phone or Telephone: 
Quality grade:
Submit online:
Verification code:  


E-mail:853495100@qq.com Consulting hotline:400-6010-935 010-82865216

The top brand in geology and mining translation

Beijing Suntrans Translation Company Address:Room2008,Building A15,Huaqing Jiayuan,Wudaokou,Haidian Dist,Beijing,China, P.R.C, 100083