Petronas Gas impacted by geopolitical instability, inflation, ringgit’s performance in 2023
KUALA LUMPUR (March 22): 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. Chairman Adnan Zainol Abidin said high gas prices precipitated by ongoing conflicts in Eastern Europe and West Asia were key factors in elevating internal gas consumption costs [...]
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