FINANCING SCHEME

Energy Export Fund – Export Risk Insurance

Objective

To promote Malaysian oil & gas products and services to the world through export incentives

Funding Amount

100% reimbursable grant with a maximum limit of RM100,000 for each company

Claim Method

Pre-arrange by the sectretariat upon approval

Purpose of Financing

Eligibility

i. Supplying oil and gas (including petrochemical) products, services and equipment;
ii. Incorporated under the Companies Act 1965 / Companies Act 2016, Malaysia OR Malaysian professional services company (with Registration of Company (ROC) only);
iii. At least 60% equity owned by Malaysian/s;
iv. Manufacture products that are made in Malaysia or provide services for exports that originate from Malaysia;
v. Only for Small and Medium Enterprises (SMEs) status;
vi. The business entity must be in operation for at least one (1) year with Financial Audited Accounts;
vii. Not a dormant business entity (have consecutive Financial Audited Accounts); and
viii. Registered with MATRADE under the Malaysia Exporters Registry (MER), at http://www.matrade.gov.my/ms/online-applications/register-as-matrade-member and have completed Exports Readiness Assessment Tests (ERAT).

Scope of Funding

Malaysian SMEs supplying products and services for the oil & gas and petrochemical sectors – 100% reimbursable grant on the purchase of Risk Export Insurance

Application Procedure

Fill the form to get the application procedure link

Financing Centre Survey Form

Thank you for visiting our Financing Centre page in the I-OGSE Portal

We would like to obtain your feedback on the challenge concerning access to finance to enhance our understanding of companies’ needs and how MPRC can assist to address the challenges.

Your response would be highly appreciated.