Petronas Dagangan’s storage sales to eliminate unfavourable price movements

Petronas Dagangan’s storage sales to eliminate unfavourable price movements

The Borneo Post - Business·2022-06-30 06:01

KUCHING (June 29): Analysts are upbeat after Petronas Dagangan Bhd (PDB) signed six additional agreements to sell its working inventory and deadstock in the storage tank at selected fuel terminals to Petco Trading Labuan Company Ltd, an indirect wholly-owned unit of Petroliam Nasional Bhd, for RM132.93 million.

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