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KUALA LUMPUR: The Sabah-based operations of Petronas Gas Bhd (PetGas) and Tenaga Nasional Bhd (TNB) are seeking arbitration in a dispute related to their 2012 power purchase agreement (PPA), with both seeking claims of more than RM80mil against each other.
KUALA LUMPUR: Petronas Gas Bhd (PetGas) will partner with industrial gas manufacturer and distributor Linde (M) Sdn Bhd to develop an air separation unit (ASU) plant in Pengerang Integrated Complex (PIC), Johor, at a cost of US$172mil (RM689.7mil).
PETALING JAYA:b/b>Analysts are cautious on the earnings growth potential of Petronas Gas Bhd (PetGas) going forward as the company negotiates a fourth gasb/b>processing transmission agreement (GPTA) with parent company Petroliam Nasional Bhd (Petronas), and as the group faces a weaker outlook in the natural gas sector amid higher operating costs.
PETALING JAYA: The share price of Petronas Gas Bhd (PetGas) fell almost 2% to RM22.10 despite rising earlier in the day after analysts said core earnings should improve on the back of higher utilities revenue, moving forward.
KUALA LUMPUR: Petronas Gas Bhd (PetGas) is on track to complete and start the operations of its Lahad Datu liquefied natural gas (LNG) terminal in 2015, said managing director and chief executive officer Samsudin Miskon.
KUALA LUMPUR: Petronas Gas Bhd (PetGas), which posted a 4.6% increase in net profit to RM486.69mil in the fourth quarter ended Dec 31, 2016, has declared a fourth interim dividend of 19 sen per share amounting to RM376mil.