Petronas Gas Berhad (PETGAS), a wholly owned subsidiary of Petronas, is Malaysia's leading gas processing and transmission company, listed on Bursa Malaysia since 1984. The company has grown through major infrastructure projects like the Peninsular Gas Utilisation (PGU) system and expansions in regasification and bio-gas, while maintaining a strong dividend track record.
Petronas Gas Sdn Bhd was incorporated as a wholly owned subsidiary of Petronas, the national oil company of Malaysia, to undertake gas processing and transmission activities. #corporatelife #malaysia
Petronas Gas Berhad was listed on the Main Board of the Kuala Lumpur Stock Exchange (now Bursa Malaysia), marking its debut as a public company. #finance #ipo
The company commenced its first gas supply to the Kerteh fractionation plant, laying the foundation for its gas processing operations. #energy #gas
The Kerteh Gas Processing Plant was completed, becoming a key facility for processing natural gas from offshore fields. #infrastructure #oilandgas
Construction began on the Peninsular Gas Utilisation (PGU) project, a major pipeline network to distribute gas across Peninsular Malaysia. #energy #pipeline
Phase 1 of the PGU project was completed, connecting Kerteh to major industrial areas in Terengganu and Kelantan. #infrastructure #energy
Phase 2 extended the pipeline network to the west coast of Peninsular Malaysia, reaching Perak and Selangor. #energy #pipeline
The final phase of PGU was completed, linking all major gas consumers in Peninsular Malaysia, including power plants and industries. #infrastructure #energy
Petronas Gas acquired additional gas transportation and processing assets from its parent company Petronas, expanding its operational footprint. #corporatelife #acquisition
The company launched a new corporate identity and logo, reinforcing its commitment to becoming a leading integrated gas company. #branding #corporate
Petronas Gas commissioned its first Gas District Cooling (GDC) project in Kuala Lumpur, providing efficient cooling solutions using natural gas. #energy #innovation
The Kerteh plant underwent a major expansion to increase processing capacity, meeting rising demand from industries and power generation. #infrastructure #gas
Petronas Gas established a regasification terminal in Malacca to handle liquefied natural gas (LNG) imports, diversifying supply sources. #energy #lng
A long-term gas sales agreement was signed with Petronas, securing stable revenue streams and ensuring gas supply for the company's operations. #corporatelife #energy
A second regasification terminal in Sungai Udang, Malacca, was completed, doubling LNG import capacity. #infrastructure #lng
Petronas Gas ventured into renewable energy with the introduction of a bio-gas plant, processing palm oil mill effluent to produce gas. #renewableenergy #innovation
Despite the global financial crisis, Petronas Gas maintained stable operations and continued dividend payments due to its strong fundamentals. #finance #resilience
A new pipeline connecting Malacca to Singapore was commissioned, enabling gas exports to the neighboring country. #energy #export
The company expanded its gas processing capacity at Kerteh to 2,700 million standard cubic feet per day (mmscfd). #infrastructure #gas
Petronas Gas received ISO 9001, ISO 14001, and OHSAS 18001 certifications for its quality, environmental, and safety management systems. #quality #safety
A partnership was formed with Tenaga Nasional Berhad to supply gas for power generation, enhancing energy security in Malaysia. #energy #partnership
Petronas Gas celebrated its 30th anniversary, reflecting on three decades of growth and contribution to Malaysia's gas industry. #anniversary #corporatelife
The PETRONAS Gas Integrated System (PGIS) was launched, integrating gas processing, transmission, and distribution assets into a unified network. #technology #energy
Petronas Gas acquired a small-scale LNG business from its parent, expanding its presence in the downstream LNG market. #acquisition #lng
The company divested some non-core assets to focus on its core gas processing and transmission business. #corporatelife #restructuring
Kamal Bahrin Ahmad was appointed as the Managing Director/CEO, bringing over 30 years of experience in the oil and gas industry. #leadership #executive
Petronas Gas posted a record net profit of RM2.1 billion for the financial year 2018, driven by higher sales and efficiency gains. #finance #profit
The company expanded its LNG regasification capacity at the Malacca terminal to 7.5 million tonnes per annum (mtpa). #infrastructure #lng
Despite the COVID-19 pandemic, Petronas Gas maintained operations as an essential service, ensuring uninterrupted gas supply. #crisis #energy
Petronas Gas announced sustainability initiatives, including a target to achieve carbon neutrality by 2050, aligning with global climate goals. #sustainability #environment
A new gas processing plant in Bintulu, Sarawak, was completed to process gas from offshore fields in the region. #infrastructure #gas
Board changes were made with new independent directors, and the company announced a higher dividend payout of 25 sen per share for the year. #governance #dividend
Petronas Gas reported net profit of RM1.1 billion for the first half of 2024, driven by robust demand and operational efficiencies. #finance #earnings