PetGas allocates slightly higher capex for FY22

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

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

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