KUALA LUMPUR: BASF Petronas Chemicals Sdn Bhd is paying RM52 million as final and full settlement to Petronas Gas Bhd
(PGB) after both parties entered into a settlement agreement over a dispute on electricity supply.
Petronas Gas said in a filing with Bursa Malaysia that the transaction was made in the ordinary course of business and has been negotiated and concluded on an arm's length basis.
