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Business 03 Apr 2013 | 12:00 AM

Petronas Gas planning Malaysia’s biggest sukuk offering this year

KUALA LUMPUR:Petronas Gas Bhd is planning Malaysia’s biggest sukuk offering this year, at a time when top-rated corporate bond yields are at a nine-month high.

Business 10 Aug 2016 | 12:00 AM

PetGas names 2 directors

KUALA LUMPUR: Petronas Gas Bhd (PetGas) has appointed two new directors – Wan Shamilah Wan Muhammad Saidi and Emeliana Dallan Rice Oxley – effective Sept 1.

Business 07 Aug 2015 | 12:00 AM

PetGas forward earnings to normalise without tax allowance

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.

Business 27 Mar 2012 | 12:00 AM

Petronas offtaker pending

IT has been reported that Petroliam Nasional Bhd (Petronas) has not secured an offtaker for imported gas through the Sungai Udang regas terminal. Petronas Gas Bhd’s (PetGas) management has indicated that it is unlikely to be penalised as it is about to sign a take-or-pay agreement with Petronas.

Business 05 Apr 2014 | 12:00 AM

Petronas pledges massive investment in Pengerang project

PETALING JAYA: Petronas Chemicals Group Bhd, Petronas Gas Bhd and Dialog Group Bhd, as well as a number of construction, power plant and process equipment players, are seen as the best proxies to Petroliam Nasional Bhd’s (Petronas) US$27bil (RM88.56bil) capital spending in the Pengerang Integrated Complex (PIC), for which the final investment decision (FID) was reached late yesterday.

Business 03 Dec 2011 | 12:00 AM

Petronas Gas set to gain from parent’s plan for LNG terminal

PETALING JAYA: Petronas Gas Bhd is likely to be the beneficiary of a plan by parent Petroliam Nasional Bhd (Petronas) to build a liquefied natural gas (LNG) terminal in Lumut, said OSK Research head of research Chris Eng.

Business 28 Jan 2003 | 12:00 AM

Investors go for PGas and MISC

INVESTORS, especially local institutional funds, are beginning to shift some of their portfolio funds into shares of Petronas Gas Bhd and Malaysian International Shipping Corp Bhd (MISC) amid growing fears of a US-led strike against Iraq.

Business 14 Jul 2006 | 12:00 AM

Boost for oil and gas firms

Oil and gas service companies such as Petronas Gas Bhd, SapuraCrest Petroleum Bhd and Wah Seong Corp Bhd are set to benefit from Petroliam Nasional Bhd's (Petronas) plan to embark on a Sabah oil and gas terminal project together with its production sharing contractor partners.

Business 06 May 2014 | 12:00 AM

Malacca plant to contribute 10% to Petronas Gas profit this year

KUALA LUMPUR: Petronas Gas Bhd anticipates that the liquefied natural gas regasification terminal (RGT) in Sungai Udang, Malacca, will contribute 8% to 10% to the group’s profit-after-tax this year.