Kuala Lumpur: Geopolitical instability, escalating inflation and a weakening ringgit have contributed to volatility in Petronas Gas Bhd’s (PGB) material costs and operating expenses in 2023.
Energy Ministry meets with Malaysian-based energy company - Trinidad and Tobago Newsday newsday.co.tt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.co.tt Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (March 29): Here is a brief look at some of the corporate announcements and news flow on Tuesday (March 29), involving Advanced Packaging Technology (M) Bhd, Artroniq Bhd, Petronas Gas Bhd, Pos Malaysia Bhd, Yinson Holdings Bhd, Kronologi Asia Bhd, Apollo Food Holdings Bhd, Hiap Teck Venture Bhd, Kim Loong Resources Bhd, LB Aluminium Bhd and SCGM Bhd.
Petronas to up dividend to government to RM25b | Malaysia malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
20 Apr 2021 / 21:01 H.
PETALING JAYA: Petronas Gas Bhd (PetGas) has allocated a RM1.2-1.3 billion capital expenditure (capex) for 2021, slightly higher than RM1.1 billion reported for the previous year, according to CFO Shariza Sharis Mohd Yusof.
“The higher level is in line with all the planned activities, should there will be new projects being announced, that figure may rise,” she told the media after the group’s AGM today.
Shariza elaborated that some activities in the previous year were affected by the Covid-19 pandemic and the resulting movement control order (MCO) restriction.
This year, she pointed out that PetGas’ 42km new lateral gas pipeline project or the gas turbine power plant in Pulau Indah, Selangor contributed to the slightly higher capex.