KUALA LUMPUR: Petronas Gas Bhd
(PGB) is allocating a slightly higher capital expenditure (capex) of RM1.4 billion for the financial year ending Dec 31, 2022 (FY22) compared to RM1.2 billion in FY21.
Managing director/chief executive officer Abdul Aziz Othman said PGB is expecting more maintenance work in FY22 as the country transitions into the endemic phase.
"We also expect to see more progress in the growth projects that we announced last year," he told a virtual press conference after PGB's annual general meeting today.
...