YTL Power seeks arbitration against Petronas

By RISEN JAYASEELAN

YTL Power International Bhd has launched an arbitration action against Petroliam Nasional Bhd (Petronas), claiming some RM750mil in overpaid gas prices, sources say.

YTL Power is said to be basing its claim on its 1994 gas supply agreement with Petronas.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , ytl , petronas , arbitration

Next In Business News
Oxford Innotech wins RM4.8mil data centre job
Suria Capital appoints Abd Rahman Dahlan as chairman
Ringgit closes higher amid US-EU tariff concerns, easing Japanese government bonds
Shin Yang secures RM117.7mil vessel deal
UOA REIT reports threefold profit increase in 4Q25
Perak Transit appoints Ismail Jamal as general manager
Pantech cautiously positive on outlook
AmBank Group provides RM103.8mil financing for Kedah solar project
Malaysia Aviation Group names Bryan Foong airline business CEO, Low Wen Long strategy chief
FBM KLCI rebounds to reclaim 1,700 level

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.