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On 8 May 2020, Petronas agreed to pay RM 2 billion in petroleum products sales tax to Sarawak with a condition that the tax will be lowered on a staggered basis in the future. Besides, both parties also agreed that the Petroleum Development Act 1974 is valid with Petronas as the sole regulator of oil and gas industry in Malaysia. [48]
Petroliam Nasional Berhad, commonly known as PETRONAS (stylised in all caps), is a Malaysian multinational oil and gas company headquartered in Kuala Lumpur.Established in 1974, it is a legal entity incorporated under the Malaysian Companies Act 1965 and reports to the company's Board of Directors.
Kerteh is the base of operations for Petronas in Terengganu, overseeing the oil platform operations off the state's coast as well as petrochemicals production, [1] natural gas processing [2] and crude oil refining. [3] The oil refinery began operating in March 1983 and reached full capacity by late 1983.
The Petronas Towers (Malay: Menara Berkembar Petronas), also known as the Petronas Twin Towers and colloquially the KLCC Twin Towers, are an interlinked pair of 88-storey supertall skyscrapers in Kuala Lumpur, Malaysia, standing at 451.9 metres (1,483 feet).
Pengerang Integrated Petroleum Complex (PIPC) is a megaproject development in Pengerang, Kota Tinggi District, Johor, Malaysia.It spans over an area of 80 km 2 and is currently the largest petrochemical complex in Malaysia, and one of the major petrochemical hubs in the world. [1]
It is owned and operated by Petronas Gas Berhad on behalf of its holding company Petronas. The purpose of the pipeline is to supply gas to natural gas vehicle refueling outlets in urban areas. [1] It is also used to carry processed natural gas to the west coast of Peninsular Malaysia and Singapore, [2] with the latter sent to Senoko Power ...
Pages in category "Government-owned companies of Malaysia" The following 88 pages are in this category, out of 88 total. This list may not reflect recent changes .
Malaysia LNG is a subsidiary of the Malaysian national oil and gas company Petronas, which is a majority shareholder in all three LNG Ventures (MLNG Satu, MLNG Dua and MLNG Tiga). Besides Petronas, Royal Dutch Shell, Mitsubishi, JX Nippon Oil and the Sarawak Government hold a minority stake.