Labuan International Commodity Trading Company (LITC) : GIFT Programme

Labuan International Commodity Trading Company : GIFT Programme

  • Aimed at positioning Malaysia as a regional trading & storage hub for oil and gas.
  • Labuan international commodity trading company (LITC) offers incentives for traders and trading houses to use Malaysia as their international trading base.
  • LITC’s business is the trading of physical and related derivative instruments of the following commodities:
  1. Petroleum and petroleum-related products including liquefied natural gas;
  2. Minerals;
  3. Agriculture products;
  4. Refined raw materials;
  5. Chemicals;
  6. Base minerals; and
  7. Coal

Licensing  Requirements

Operational Requirements