Malaysia's Petronas names state-owned Petros as Sarawak's sole gas distributor, except for LNG.

Malaysia's national oil company, Petronas, has recognized a Sarawak state-owned company, Petros, as the sole gas distributor for Sarawak, excluding liquefied natural gas (LNG). This agreement, reached following a meeting between Prime Minister Anwar Ibrahim and Sarawak's Premier Abang Johari Openg, resolves a dispute over gas distribution rights in the state. The deal, however, maintains that Petronas and its subsidiaries are exempt from additional licensing requirements under Sarawak's laws.

2 months ago
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