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Anwar wants debate on sale of Petronas stake in Azerbaijan for over RM9b

KUALA LUMPUR: An emergency motion to debate the recent sale of Petronas' Azerbaijan business interests amounting to more than RM9bil was tabled by Opposition leader Datuk Seri Anwar Ibrahim in Parliament on Wednesday (Oct 27). ....

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Rejecting Anwar's political pressure claim, Putrajaya says Petronas decided Azerbaijan asset sale in 2019 | Malaysia

KUALA LUMPUR, Oct 27 ― Putrajaya denied today Opposition Leader Datuk Seri Anwar Ibrahim’s claim that national oil firm Petronas was forced to sell off its assets in Azerbaijan due to pressure to pay tens of billions in dividends to the government this year. Minister in the Prime Minister’s. ....

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Petronas says proposed Azerbaijan business sale to LUKOIL follows portfolio review to ensure 'better fit' in growth strategy

Petroliam Nasional Bhd (Petronas) confirmed on Friday the company has reached an agreement with LUKOIL for the proposed sale of Petronas' Azerbaijan business interests which include Petronas' entire 15.5% stake in the Shah Deniz natural gas project in the Azerbaijan sector of the Caspian Sea for US$2.25 billion (about RM9.41 billion) following Petronas' continuous review of its business portfolio to ensure a better fit in its growth strategy in the increasingly evolving energy landscape. ....

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