Petronas Gas allocates slightly higher capex for FY22

From left: Petronas Gas Bhd managing director and chief executive officer Abdul Aziz Othman, chairman Adnan Zainal Abidin and chief financial officer Shariza Sharis Mohd Yusof.

KUALA LUMPUR: Petronas Gas Bhd (PGB) is allocating a slightly higher capital expenditure (capex) of RM1.4 billion for the financial year ending Dec 31, 2022 (FY22) compared to RM1.2 billion in FY21.

Managing director/chief executive officer Abdul Aziz Othman said PGB is expecting more maintenance work in FY22 as the country transitions into the endemic phase.