PETRONAS Dagangan and PETROS Complete Business Transfer and Operationalise Sarawak LPG BusinessNews
KUALA LUMPUR / KUCHING, 5 May 2022 – PETRONAS Dagangan Berhad (PDB) and Petroleum Sarawak Berhad (PETROS) today announced the completion of the Business Transfer and Share Subscription Agreement (“BTSSA”) for PETROSNiaga Sdn Bhd (PNiaga). This conclusion marks the operationalisation of the partnership for the Liquefied Petroleum Gas (LPG) business in Sarawak.
Signing of the Heads of Agreement for Sarawak LPG
between PETROS, PETROSNiaga and
PETRONAS Dagangan BerhadNews
Petroleum Sarawak Berhad (PETROS), PETROSNiaga Sdn Bhd (PETROSNiaga) and PETRONAS Dagangan Berhad (PDB) marked the start of a strategic partnership for Sarawak's LPG market, accelerating the switch to red #tonggaskamek state-wide. A Heads of Agreement was signed on 12 December 2021 towards this.
Petroleum Sarawak Berhad (PETROS) wholly owned subsidiary PETROSNiaga Sdn Bhd (“PETROSNiaga”) commences the sale of PETROS LPG starting in Kuching and to be gradually expanded state-wide.
YAB Datuk Patinggi (Dr.) Abang Haji Abdul Rahman Zohari bin Tun Datuk Abang Haji Openg, Chief Minister of Sarawak launches PETROS LPG now available to first serve Sarawakians in Kuching.