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A recent deadlock in talks between Petronas and Petros, run by the state of Sarawak, home to more than 60% of Malaysia's gas reserves, stirred concern over the likely impact on the revenues of the ...

PETALING JAYA: Petroliam Nasional Bhd (PETRONAS) is expanding its partnership with state-owned Petroleum Sarawak Bhd (Petros), inking ... cycle gas turbine power station in Miri.

Prime Minister Anwar Ibrahim said last month Petronas will uphold all its domestic and international contractual obligations while Petros will act as Sarawak’s gas aggregator beginning March 1.

The Sarawak government is said to be insisting that all domestic gas users buy their gas from Petros, which is bound to disrupt Petronas’s existing commercial agreements, a source told FMT.