Malaysia’s Sarawak State Announces Formation Of Oil And Gas Company Petros


Consider this more of recording history, rather than relating news.

Dateline 2017-08-07, Nikkei Asian Review:

Petros, a petroleum exploration and production company owned by a Malaysian state government, has been officially formed, national news agency Bernama reported on Monday citing the state’s chief minister.

Petros was formed by the state of Sarawak to participate in the extraction of oil and gas in Sarawak “while still pursuing its request for a 20% royalty” from national oil company Petroliam Nasional, Bernama reported.

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This entry was posted on Sunday, September 3rd, 2017 at 6:09 am and is filed under investment, Malaysia, Malaysian election. 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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