Petronas sees 1Q capex boost from Sabah, Sarawak facilities
KUCHING (June 4): Petroliam Nasional Bhd’s (Petronas) capital expenditure (capex) was up slightly by two per cent year on year (y-o-y) in the first quarter of financial year 2024 (1QFy24) but local investments surged. The share of domestic capex rose significantly, increasing by 20 per cent y-o-y, primarily focused on the floating liquefied natural gas [...]
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