Dateline 2016-10-21, Yahoo! (yodel it):
Malaysian state oil company Petroliam Nasional Berhad will pay the government a dividend of 13 billion ringgit ($3.11 billion) next year, lower than 2016 levels, the country’s second finance minister Johari Abdul Ghani said on Friday.
Petronas, as the company is known, has said it will pay 16 billion ringgit to the government this year.
Addressing reporters after tabling the country’s 2017 budget, Johari also the budget was based on an oil price assumption of $45 a barrel.