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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.

Malaysia generalAdnan zainol abidinAbdul aziz othmanShariza sharis mohd yusofAbdul azizBhd petgasPulau indahThird party accessPetronas gas bhdSharis mohdAziz othmanSouthern economic corridorNorthern economicமலேசியா ஜநரல்அப்துல் அஜிஸ் ஆத்மந்அப்துல் அஜிஸ்