The milestone coincides with the official visit of Prime Minister Datuk Seri Anwar Ibrahim to Turkmenistan, reflecting the enduring relationship between both countries and three decades of collaboration built on mutual trust, shared aspirations and sustained value creation through the energy sector
The parties expect to finalise and execute the definitive agreements by the third quarter of 2026, with the entire facility targeted for completion by the fourth quarter of 2027
This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period