PETRONAS Gas Berhad Overview
Pro stress-test →PETRONAS Gas Berhad engages in separating natural gas into its components and storing in Malaysia, operating through four segments: Gas Processing, Gas Transportation, Regasification, and Utilities. The company is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest.
Strategic Profile
Pro stress-test →The company receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company PETRONAS, and its Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS. The company is exploring regional power solutions and expanding its industrial gases business while focusing on expanding renewable energy projects.
Competitive Landscape
Pro stress-test →The company operates a monopoly business in Malaysian gas processing, transportation, and utilities infrastructure. Regional competitors in the gas infrastructure space include other Southeast Asian utilities, though PETRONAS Gas maintains dominant market position due to its critical role in the natural gas value chain and long-term PETRONAS contracts.
Industry Context
PETRONAS Gas Berhad operates in Oil & Gas Integrated / Gas Infrastructure and Utilities.
Key facts
Founded: 1983 · Headquarters: Kuala Lumpur, Malaysia · Employees: 1,868 · Revenue: 6.5B MYR · Market cap: 36.0B MYR