PETRONAS Petrol Pump Details

Petroliam Nasional Berhad (National Petroleum Limited), commonly known as PETRONAS, is a Malaysian oil and gas company. Established in 1974 and wholly owned by the Government of Malaysia, the corporation is vested with the developing and adding value to these resources. Petronas is ranked among Fortune Global 500's largest corporation in the world. In the 2017 Forbes Global 2000, Petronas Gas was ranked as the 1881st largest public company in the world.

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Since its incorporation, Petronas has grown to be an integrated international oil and gas company with business interests in 35 countries. As of the end of March 2005, the Group comprised 103 wholly owned subsidiaries, 19 partly owned outfits and 57 associated companies. The Financial Times has identified Petronas as one of the "new seven sisters" the most influential and mainly state-owned national oil and gas companies from countries outside the OECD.

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The group is engaged in a broad spectrum of petroleum activities, including upstream exploration and production of oil and gas to downstream oil refining; marketing and distribution of petroleum products; trading; gas processing and liquefaction; gas transmission pipeline network operations; marketing of liquefied natural gas; petrochemical manufacturing and marketing; shipping; automotive engineering; and property investment.

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Petronas provides a substantial source of income for the Malaysian government, with half of the government's budget dependent on the company's dividend, moreover in 2011 actual government balance has 5 percent deficit of gross domestic product. The company headquarter is at the Petronas Towers which was officially opened on Malaysia's 42nd National Day, 1999 - in the corporation's 25th Anniversary year.