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Petronas To Use More Gas

Petronas Gas Bhd is maintaining a 4 per cent growth projection in gas utilization up to 2020

Petronas To Use More Gas

Malaysian oil and gas major Petronas Gas Bhd is maintaining a 4 per cent growth projection in gas utilization up to 2020.
In its annual report the company says it can achieve this on the back of the nation?s economic growth and increased utilization of gas by the non-power sector.

Chairman Tan Sri Mohd Hassan Marican foresees positive growth in the current financial year although the company suffered a drop in earnings and profit for the financial year ended March 31 2004 as a result of a drop in gas utilization.

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