KUALA LUMPUR: Petronas Gas Bhd (PetGas) is reducing its capital expenditure slightly to RM1.3bil this year from RM1.4bil allocated last year, chairman Datuk Mohd Anuar Taib said.
The company, however, will increase its operational expenditure to RM750mil this year from the usual annual allocation of RM450mil to RM500mil in order to revamp and rejuvenate its existing facilities, he said. — Bernama
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