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  • Petronas voluntarily adjusts crude production
    édité le 21/12/2016 - Plus de news de "Petronas" - Voir la fiche entreprise de "Petronas"


Petronas voluntarily adjusts crude production
Following the pact made in Vienna, Austria on 10 December 2016 between OPEC and non-OPEC producers, PETRONAS will make a voluntary adjustment to Malaysia’s crude oil production starting from January of 2017.

This voluntary adjustment, taking into consideration prevailing market conditions and prospects, is expected to involve up to 20,000 barrels per day (bpd) of crude oil from the country’s 2016 average production.

About PETRONAS

PETRONAS was incorporated on 17 August 1974 as the national oil company of Malaysia, vested with the entire ownership and control of the petroleum resources in the country. It has since grown from merely being the manager and regulator of Malaysia’s upstream sector into a fully integrated oil and gas corporation, ranked among the FORTUNE Global 500® largest corporations in the world.


Origine : Communiqué Petronas

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