Kuala Lumpur: Geopolitical instability, escalating inflation and a weakening ringgit have contributed to volatility in Petronas Gas Bhd’s (PGB) material costs and operating expenses in 2023.
Kuala Lumpur: Geopolitical instability, escalating inflation and a weakening ringgit have contributed to volatility in Petronas Gas Bhd’s material costs and operating expenses in 2023.
SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya when it posted record high state revenue of RM6.973 billion last year. Read more “Faced with these challenges, we have turned them into opportunities for progress.
"Drawing upon our infrastructure and competitive advantages in the energy sector, we are participating in some of the catalyst projects to enhance our economic sustainability while contributing to the nation’s climate and energy objectives,” he said. Looking beyond the near term, and notwithstanding its existing renewable energy investments, the company believes that natural gas has a critical role to play in the ASEAN region’s energy transition.
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