Global Trade Alert
Global Trade Alert

Malaysia: Government removed import duties exemptions on raw materials and equipment for ConocoPhillips Sarawak Oil Ltd and JX Nippon Oil & Gas Exploration Ltd

Announcement

29 Nov 2024

In November 2024, the government of Malaysia removed import duties exemptions on raw materials and equipment for ConocoPhillips Sarawak Oil Ltd and JX Nippon Oil & Gas Exploration Ltd.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Dec 2024

Revocation date:

No revocation date

Announced: 29 Nov 2024
Tax or social insurance relief In force
On 29 November 2024, the government of Malaysia issued Customs Duties (Exemption) (Amendment) (No.3) Order 2024, removing the import duties exemptions on materials and equipment used directly for petr...
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Implementation date

01 Dec 2024

Revocation date:

No revocation date

Announced: 29 Nov 2024
Import tariff In force
On 29 November 2024, the government of Malaysia issued Customs Duties (Exemption) (Amendment) (No.3) Order 2024, removing the import duties exemptions on materials and equipment used directly for petr...
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