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Overview
Financial Highlight
HeadlinesBusiness Background Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia’s nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company’s total revenue, its Gas Processing and Gas Transportation units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
 Be the first to like this.   993954847305139 I'm blur now.... this stock cater mainly for local market right? How much used to export? Malaysia got price control on natural gas right? 01/01/2018 22:35 masterus Iranian Crisis Could Send Oil To $100 By Nick Cunningham - Jan 02, 2018, 6:00 PM CST Oil Oil prices started the year on a high note as some geopolitical tension pushed aside bearish concerns. Both WTI and Brent opened above $60 per barrel for the first time in years. The protests in Iran were the main driver of the bullish sentiment in the oil market. Anti-government demonstrations swept across the country in recent days, and unlike the widespread protests in 2009, the current rallies are related to economic woes and are also taking place in more cities than just Tehran. “Growing unrest in Iran set the table for a bullish start to 2018,” the Schork Report said in a note to clients on January 2. At least 14 people have been killed in the protests and an estimated 450 have been arrested. It is the most serious challenge to the Iranian government in years, and Iran’s Supreme Leader put the blame on foreign agents, presumably the United States. “In recent days, enemies of Iran used different tools including cash, weapons, politics and intelligence apparatus to create troubles for the Islamic Republic,” Ayatollah Ali Khamenei said. Meanwhile, tension over North Korea – although not a new development – could be spreading to include a spat between the U.S. and Russia as well as the U.S. and China. Reuters reported late last week that Russian oil tankers have sent fuel to North Korea on multiple occasions in the last few months by transferring cargoes at sea. If true, the actions would amount to a violation of UN sanctions. Sources told Reuters that there is no evidence that the Russian state was involved, but the news has raised the specter of U.S.-Russian tension as Washington seeks a hard line on Pyongyang. 03/01/2018 11:18 masterus Oil could hit $80 per barrel by the end of 2018, says portfolio manager Published 8 Mins Ago CNBC.com It's not preposterous to expect oil prices to hit $80 per barrel by the end of 2018, said Yoon Chou Chong, head of Asian equities at Natixis Asset Management Production cuts and the need to maintain stability ahead of the widely-anticipated Saudi Aramco IPO will support oil prices, Chong said Asian stocks, in particular Chinese shares, also have room to gain further, he added This year could mark a comeback for commodities, with oil potentially hitting $80 per barrel, a portfolio manager said on Wednesday. 03/01/2018 11:20 mf bj https://www.bloomberg.com/news/articles/2018-01-03/oil-trades-near-two-year-high-as-u-s-stockpiles-seen-dropping 03/01/2018 20:41 Seeuu Last Friday closed with a hammer on a down trending market.The handle of the hammer is nearly twice the size of the body, approximately more than one and half times the length of the body. Anticipate it will hammer on Monday morning when it reopens. Any comments please. Learning. 06/01/2018 12:20 godhand I only unlock my call warrant today. Haihs paper sigh still can buy cq and cp warrant 08/01/2018 13:09 ivan9511 when 15 already ask to buy a lot now 20 this one limit up not suprise me because the cheapest price of petronas limit up is sure now 08/01/2018 15:49 Hakuop Now all Red Sea, fundamental or not doesn't matter soon it will be at 14 based on this trend, sad to say but it is GAME OVER. 18/01/2018 11:43  paperplane Fundamental ok. Profit margin superb, cashflow ok, nothing too much to worry.... 19/01/2018 17:51 masterus US shutdown begins as Senate fails to pass new budget 20 January 2018 US & Canada Share this with Email Share this with Facebook Share this with Twitter Share this with Whatsapp 20/01/2018 14:31 mf bj www.theedgemarkets.com/article/pm-najib-petronas-top-glove-airasia-among-successful-malaysian-companies 23/01/2018 13:36 woodstock China sucks gas https://www.wsj.com/articles/china-sucks-gas-out-of-global-market-amid-shift-from-coal- 24/01/2018 15:27 woodstock EPF selling to buy into US market, fulfilling promise to help America economy. 24/01/2018 15:47 ivan9511 as i said buy buy buy easy money so easy to guess when oil.up patgas still.lowest sure buy la now I profit many many so easy to made money on petgas limit up 28/01/2018 21:24 bc8660 Loos like EPF quite comfortable with current price and continue to accumulating more shares. 21/02/2018 15:23 ATARAH Petronas hits oil in West Africa Monday, 5 Mar 2018 2:56 PM MYT KUALA LUMPUR: Petroliam Nasional Bhd’s (Petronas) subsidiary, PC Gabon Upstream S.A. (PCGUSA) has discovered new oil and gas from its Boudji-1 exploration well in Block F14 (Likuale), located in South Gabon. In a statement Monday, Petronas said the ultra-deepwater exploration well, drilled in water depths of 2,800 metres, encountered 90 metres of gross high quality hydrocarbon-bearing pre-salt sands. The discovery marks a significant milestone for Petronas as it expands upstream growth in West Africa, demonstrating its frontier exploration and deepwater operational capabilities. “The discovery in Gabon is an encouraging development for Petronas, as we continue to pursue growth activities beyond Malaysia, in line with the strategy to expand our core oil and gas business by growing our resource base,” Petronas executive vice president & upstream CEO, Datuk Mohd Anuar Taib said in the statement. “Aside from boosting Gabon’s oil and gas industry, this discovery will also spur further growth activities in the region, and complements our achievements towards building a significant deepwater portfolio globally,” he added. Petronas, together with the Ministry of Petroleum & Hydrocarbons, Gabon, will conduct an assessment to further determine the commerciality of the resource volume. PCGUSA is the operator for Block F14 (Likuale), with Australia’s Woodside holding a 30% participating interest. To-date, Petronas’ deepwater portfolio includes partnerships in the Gumusut-Kakap, Malikai and Kikeh deepwater fields located offshore Sabah. Additionally, there are two new upcoming deepwater development projects in the portfolio – the Limbayong field in Sabah and the Kelidang Cluster in Brunei. 05/03/2018 15:45 ATARAH petronas and petronas call warrant will fly today ? Dow Jones up + 336 point and oil price up. dont miss the boat Yesterday news Petronas hits oil in West Africa Monday, 5 Mar 2018 06/03/2018 08:18 masterus Oil price crosses $70 amid Iran deal tensions 24 MARCH 2018 Oil prices rose as investors saw increasing possibility that the US could withdraw from the historic Iran nuclear deal. Crude oil prices posted their biggest weekly gain in eight months with rising geopolitical risk in the Middle East threatening security supply once again. International benchmark Brent crude gained 6.6 percent this week, briefly reaching $70.58 a barrel on Friday. American benchmark West Texas Intermediate (WTI) rose 5.7 percent this week and climbed as high as $66 a barrel. While both benchmarks reached Friday their highest level since January 29, they also posted their best weekly gains since the last week of July 2017. 25/03/2018 15:12 masterus China Prepares Death Blow To The Dollar By ZeroHedge - Mar 24, 2018, 12:00 PM CDT China Dollar On March 26 China will finally launch a yuan-dominated oil futures contract. Over the last decade there have been a number of “false-starts,” but this time the contract has gotten approval from China’s State Council. With that approval, the “petroyuan” will become real and China will set out to challenge the “petrodollar” for dominance. Adam Levinson, managing partner and chief investment officer at hedge fund manager Graticule Asset Management Asia (GAMA), already warned last year that China launching a yuan-denominated oil futures contract will shock those investors who have not been paying attention. This could be a death blow for an already weakening U.S. dollar, and the rise of the yuan as the dominant world currency. But this isn’t just some slow, news day “fad” that will fizzle in a few days. 25/03/2018 23:33 RedEagle Saudi Arabia Secretly Targeting $80 Oil By Tsvetana Paraskova - Apr 10, 2018, 9:30 AM CDT Tadawul Saudi Arabia is likely targeting oil prices at $80 a barrel to boost the valuation of its oil giant Aramco ahead of its much-hyped IPO and to help finance increasingly ambitious domestic policy plans, Bloomberg reported on Tuesday, citing people who have spoken to Saudi officials. Although Saudi officials have been careful not to point to a specific oil price target in private discussions over the past month, “the inescapable conclusion from the conversations was that Riyadh is aiming for $80,” according to the people who spoke to Bloomberg on the condition of anonymity. A couple of months ago, Saudi Arabia was reportedly targeting oil at $70, but that was before Riyadh admitted that Aramco’s initial public offering could take place in 2019, instead of in the second half of 2018, as it has been planned for years. In an interview with Time magazine last week, Saudi Crown Prince Mohammed bin Salman—the proponent of the Saudi economic overhaul to diversify from oil—for the first time linked oil prices with the Aramco IPO. Asked about the delayed listing, the Crown Prince said: “We do not delay it. We said we will be ready to IPO around 2018. And we are ready. We did all the laws. We did all the steps that are making us ready to IPO it. Now it’s a matter of choosing the right time. So we believe oil prices will get higher in this year and also get higher in 2019, so we are trying to pick the right time. But we are ready to IPO it now if the time is right.” Related: Russia Wants To Drop Dollar For Oil Payments Saudi Energy Minister Khalid al-Falih has also recently signaled that the Kingdom would rather overtighten the market instead of leaving the job of erasing the glut undone. In February al-Falih said that “If we have to err on over-balancing the market a little bit, so be it.” According to Bloomberg’s sources, however, the Saudi ambitions for oil at $80 is not shared by all OPEC members, because some of them are worried—privately—that the Saudis are targeting too high an oil price that could further boost U.S. shale production. By Tsvetana Paraskova for Oilprice.com 10/04/2018 23:40 |
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