PETALING JAYA: In dealing with volatile industry conditions, Petroliam Nasional Bhd (Petronas) has revealed measures to strengthen its resilience to weather the downward cycle in the oil and gas industry caused by the Covid-19 pandemic.
To ensure the long-term plans are not derailed and to preserve Petronas’ future sustainability, it is looking at preserving cash and maintaining its liquidity while continuing its cost compression efforts and responding to changing market conditions.
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