Dialog Group Bhd should be an immediate beneficiary in its assessment. Petronas Chemicals Group Bhd, Petronas Gas Bhd and Petronas Dagangan Bhd should also see meaningful contributions from 2020.
PETALING JAYA: Oil and gas (O&G) stocks have been rallying on the back of the Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, Johor becoming fully-operational by the fourth quarter of this year.
The interest and appetite for O&G stocks have been surprisingly positive throughout the last few months despite the tame prices of the Brent crude oil.
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