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flag Malaysia's PM assures Petronas will honor gas contracts amid distribution shift in Sarawak.

flag In 2023, Sarawak's gas distribution was handed to Petros under a 2016 state law, though Petronas continues to negotiate its role as a gas aggregator. flag Prime Minister Anwar Ibrahim assured that Petronas will meet its contracts. flag A former Treasury official, Nik Azmi, defended Petronas' control over oil and gas, citing the 1974 Petroleum Development Act as the governing law. flag Petronas is also considering exiting its Argentina shale oil project.

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