From the Star – O&G firms seek better rapport with PETRONAS


Taken from The Star, dateline 2010-09-17:

PETALING JAYA: A key issue hampering the progress of the local oil and gas (O&G) industry hinges on better communication of Petroliam Nasional Bhd’s (Petronas) development plans with other players in the industry, according to analysts.

An analyst with HwangDBS Vickers Research said there was limited engagement between Petronas and local players and this impedes the growth of local O&G companies.

“We are of the view that active dialogue with Petronas would give local companies ample time and opportunity to carry out the necessary groundwork for future developments,” the analyst wrote in a report.

The analyst said top on a wish list by industry players was to have greater clarity and better communication of Petronas’ direction and development.

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This entry was posted on Tuesday, September 21st, 2010 at 6:00 am and is filed under business opportunity, Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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