Dateline 2025-10-01, The Edge Malaysia:
KUCHING (Oct 1): National oil company Petroliam Nasional Bhd (Petronas) and Sarawak state-owned oil firm Petroleum Sarawak Bhd (Petros) were back in the High Court on Tuesday over their gas supply payment dispute.
The two parties had sought a one-month adjournment back in August to make way for talks with the aim of bringing matters to resolution. However, no update was provided on the status of the negotiations when the hearing resumed.
The two companies are in court after Petros attempted to stop Petronas from calling its bank guarantee, as part of payments claimed for gas supply in the state.
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