Member industries are wary of the impact of natural gas tariff increase over the next three years, the Federation of Malaysian Manufacturers (FMM) said today.

In a statement, the FMM said their concerns are raised despite welcoming the government’s announcement on natural gas tariff rebates at RM0.40 per mmBtu, for the period beginning from January to June 2017.

“...industries have raised concerns on the impact of possible cumulative gas price increase of 22.6 percent by end of 2019...,” FMM said.