PETRONAS-Petros negotiation to continue


KUALA LUMPUR: A Malaysian court has granted a request by national energy firm Petroliam Nasional Bhd (PETRONAS) and the Sarawak state-run company Petroleum Sarawak Bhd (Petros) for an adjournment in a case involving a dispute over gas rights in the state, according to PETRONAS.

The case in the High Court of Kuching, Sarawak, had been adjourned for one month to allow ongoing negotiations between the parties to continue, PETRONAS said in a statement.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
PETRONAS , Petros , oil , Sarawak , SEDC

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read