Upbeat outlook seen for downstream oil and gas


Wan Zulkiflee(filepic) said that the partnership with Petros could be similar to other Petronas partnerships, either as service providers or as a partner under the production sharing contract (PSC).

PETALING JAYA: While equity analysts remain bearish on the oil and gas (O&G) sector, they are more upbeat about the prospects of downstream companies.

One reason is that the plunge in crude oil prices benefit downstream players as it lowers the cost of their raw materials.

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Business , Oil , O&G , downstream

   

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