{"id":1025,"date":"2015-01-21T07:40:23","date_gmt":"2015-01-21T07:40:23","guid":{"rendered":"http:\/\/www.asadkarim.co.uk\/?p=1025"},"modified":"2015-01-21T07:40:23","modified_gmt":"2015-01-21T07:40:23","slug":"malaysia-oil-production","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1025","title":{"rendered":"Malaysia Oil Production."},"content":{"rendered":"<p>The name Petronas is the state owned Malaysian Oil giant, that we see as the major sponsor of the UK&#8217;s Lewis Hamilton<\/p>\n<p>[<a title=\"F1 Mercedes\" href=\"http:\/\/www.mercedesamgf1.com\/en\/\" target=\"_blank\">http:\/\/www.mercedesamgf1.com\/en\/<\/a>]<\/p>\n<p>Petronas is a giant.<\/p>\n<p>[<a title=\"Petronas\" href=\"http:\/\/www.petronas.com.my\/\" target=\"_blank\">http:\/\/www.petronas.com.my\/<\/a>]<\/p>\n<p>One just has to look at Malaysia&#8217;s oil production. Today the south east Asian nation produces 657,000 barrels of crude oil a day.<\/p>\n<p>With crude oil at $48 a barrel which equates to \u00a331.73 a barrel.<\/p>\n<p>657,000 barrels of crude oil x \u00a331.73 = \u00a320,846,610<\/p>\n<p><em><strong>That is \u00a320million a day from Malaysia&#8217;s crude reserves<\/strong><\/em>.<\/p>\n<p>However, with the falling price of crude oil, countries like Malaysia whose economy is quite dependent on oil exports as a source of income, the falling price of the commodity, means its income stream is falling.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The name Petronas is the state owned Malaysian Oil giant, that we see as the major sponsor of the UK&#8217;s Lewis Hamilton [http:\/\/www.mercedesamgf1.com\/en\/] Petronas is a giant. [http:\/\/www.petronas.com.my\/] One just has to look at Malaysia&#8217;s oil production. Today the south east Asian nation produces 657,000 barrels of crude oil a day. With crude oil at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1025","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1025"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1025\/revisions"}],"predecessor-version":[{"id":1026,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1025\/revisions\/1026"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}