PetGas ready for market headwinds

Kamal: We are working to cushion the impact by expanding the utility and gas processing segments, as well as venturing into a new business.

Petronas Gas Bhd (PetGas), which runs the country’s largest gas pipelines, is preparing for the headwinds it faces as the industry gets more liberalised.

The company is expected to see a decline in revenue in the coming years as the government will gradually lower the tariffs that pipeline owners like PetGas charge.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 31
Cxense type: NA
User access status: 3

Petronas Gas Bhd


Next In Business News

Oil analysts see battle for Asian market
EPF: No conditions for i-Sinar application
EPF assures investments resilient despite challenges
Sony to shut Penang factory, consolidate facilities
CPO futures likely to consolidate next week with bouts of profit taking
Buffetts' Brooks Running grows as pandemic sees more hit the road
Ant, Grab's venture and Sea to usher in Singapore digital banking
Fire at Petronas' S. African refinery put out, probe underway
Oil rises to just US$50/bbl on hopes for US stimulus
Wall Street's main indexes hit all time high

Stories You'll Enjoy