PETALING JAYA: Lower crude oil prices that hit Petroliam Nasional Bhd’s (Petronas) bottomline hard this year are likely to limit the national oil firm’s ability to repeat the huge payout to the Government last year.
Recent official statements indicated that Petronas’ petroleum payments to the Government are expected to fall between 14% and 19% in the financial year ending March 31, 2010 (FY10) to between RM60bil and RM64bil.
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