KUALA LUMPUR: Petroliam Nasional Bhd’s (Petronas) decision to invest overseas is driven by value while adhering to very strict and disciplined investment criteria and processes, according to executive vice-president (exploration and production business) Datuk Wee Yiaw Hin.
He said international business contributed RM114.1bil to Petronas’ revenue in 2012 and the company would continue to scout for opportunities that would bring value as well as meeting the stringent investment criteria.
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