26 Followers KLSE:6033 - Petronas Gas Bhd Petronas Gas Bhd
Sector: Utilities, Industry: Gas Utilities
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MYR 17.54    -0.06 (-0.34%)

27 Mar 2024


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General

CEO: Mr. Abdul Aziz bin Othman

Headquarters: MY

Employees: 0

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Description

Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

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