Govt to receive RM40 billion dividend from Petronas

NATIONAL oil and gas company Petroliam Nasional Bhd (Petronas) will pay a dividend of RM40 billion to the government this year, its president and chief executive officer Tengku Muhammad Taufik said, in a New Straits Times report.

The company has the capacity to pay this amount, although the current crude oil prices were expected to be lower than those recorded last year, he added.