Malaysia's Petronas sees domestic oil, gas output peaking at 2 million boepd by 2024

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SINGAPORE : Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration head said on Tuesday.About 60-70 per cent of its production is natural gas and will remain so going forward, Adif Zulkifl

SINGAPORE : Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day by 2024, its exploration head said on Tuesday.

"We continue to look for more gas portfolio, but of course, there is commitment in Malaysia, I think we need to continue to do some oil exploration to fill up our refineries," he added.

 

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