About Gas Malaysia IEV Sdn Bhd
“ A joint-Venture between Gas Malaysia Berhad (75%) and IEV Energy Sdn. Bhd. (25%), Gas Malaysia IEV Sdn. Bhd. was incorporated in 21 October 2014, aimed at supplying compressed Natural Gas to customers who are remotely located from Gas Malaysia’s pipeline. ”
GMIEV’s business model addresses the complete value chain of mobile gas solutions: from processing of gas into Compressed Natural Gas (“CNG”) to its transportation and distribution to a wider end user.
GMIEV will purchase gas from Gas Malaysia and transport the CNG to customers who are remotely located from the gas pipeline. In the process, GMIEV will maintain and operate the compression unit, transportation unit and pressure regulating unit, which is the three key components of the Virtual Pipeline.
Benefits of Virtual pipeline
Virtual Pipeline is the preferred Energy Solution due to the following;
- Cheaper fuel compared to diesel, liquefied petroleum gas, medium fuel oil or light fuel oil.
- Environmentally friendly as natural gas is one of the cleanest burning fossil fuels. Customers can both reduce their energy costs and their Carbon Dioxide emission.
Application of Virtual Pipeline
GMIEV’s aim is to develop turnkey infrastructures to deliver natural gas to areas that are not accessible by Gas Malaysia’s NGDS.
Virtual Pipeline System