Global Trade Alert
Global Trade Alert

Malaysia: Exempted import duties for Conocophillips Sarawak Oil Limited

Announcement

12 Aug 2021

In August 2021, Malaysia exempted import duties on materials and equipment used directly for petroleum and gas upstream operations for ConocoPhillips Sarawak Oil Limited.

 

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

13 Aug 2021

Revocation date:

30 Nov 2024

Updated: 12 Aug 2021
Tax or social insurance relief

On 12 August 2021, Malaysia issued Customs Duties (Exemption) (No.2) Order 2021, granting a tax concession to ConocoPhillips Sarawak Oil Limited in the form of import duties exemption on materials ...

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Implementation date

13 Aug 2021

Revocation date:

30 Nov 2024

Updated: 12 Aug 2021
Import tariff

On 12 August 2021, Malaysia issued Customs Duties (Exemption) (No.2) Order 2021, exempting import duties on materials and equipment used directly for petroleum and gas upstream operations for Conoc...

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