Malaysia Boosts Domestic Gas Use as Power Demand Hits Record Highs
AI Summary
Malaysia is increasing its domestic gas use to meet record-high power demand driven by a major heatwave and soaring electricity consumption from data centers. Petronas is boosting LNG supply to peninsular Malaysia, where most of the country's power demand is concentrated.
A major heatwave and soaring data center electricity consumption are driving Malaysia’s power demand to record highs, pushing the world’s fifth-largest LNG exporter to increase domestic gas use for power generation. Malaysia’s state energy firm Petronas has increased LNG supply from domestic offshore fields to peninsular Malaysia, where 80% of national power demand is concentrated, according to data and analysis by Reuters. Power demand in peninsular Malaysia jumped by 11.5% in April from a year earlier, per data from Grid System…