Glad to see Petronas is doing OK. I was worried with the recent 40% jump in fuel prices here that they might have been hard up for cash.
photo by Raja Islam
KUALA LUMPUR (AFP) — Malaysian state energy firm Petronas on Tuesday announced a record profit of 18.1 billion dollars for 2007-08 and said it is still keen to develop Iran’s Pars liquefied natural gas project.
“We have performed quite well. It is another historic set of numbers for Petronas Group,” president and chief executive Mohamad Hassan Marican told reporters.
Petronas posted a net profit of 12.9 billion dollars last financial year, which was also an all-time record.
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