Petronas Cautious on Gazprom Collaboration Decision

摘要

Malaysia's Petronas will not rush into any hasty decisions over its collaboration with Russia's Gazprom in Iraq following the invasion of Ukraine, which has prompted the departure of BP, Shell and Equinor. Gazprom operates the maturing onshore Badra oil Oeld, in which Petronas has a 15% stake. “In so far as any position to be taken, we are taking guidance on the kind of sanctions that are going to apply, ” Petronas CEO Tengku Muhammad TauOk said at the company’s 2021 results brieOng.