Govt to receive RM40 billion dividend from Petronas | The Malaysian Insight

Govt to receive RM40 billion dividend from Petronas

Petronas CEO Tengku Muhammad Taufik says the RM40 billion dividend was higher than the initial sum of RM35 billion. – The Malaysian Insight file pic, June 7, 2023. NATIONAL oil and gas company Petrolilam Nasional Bhd will pay a dividend of RM40 billion to the government this year, its president and chief executive officer Tengku Muhammad Taufik said, in a New Straits Times report.

The company has the capacity to pay this amount, although the current crude oil prices were expected to be lower than those recorded last year, he added. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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