Petronas’ subsidiaries to benefit from hydrogen production


Y’know, PETRONAS was a creation of The Petroluem Development Act. I suggest they stick to it, and the gomen pass the Hydrogen Devepment Act, the Renewable Energy Development Act, and let the O&G industry look after its own. Or risk having a company too big to fail (sound familiar, UK and China?)

Dateline 2021-09-23, The Edge:

Petroliam Nasional Bhd’s (Petronas) subsidiaries, such as Petronas Chemicals Group Bhd and Petronas Gas Bhd, are well positioned to begin investing in natural gas-to-hydrogen production, which could diversify their revenue stream, said AmInvestment Bank.

In a research note today, the investment bank said support providers such as Dialog Group Bhd — which has built liquefied natural gas terminals in Pengerang and provided specialist and plant maintenance services — may also be able to take part in the value chain as Petronas ventures into the hydrogen market.

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