The contribution from PETRONAS in 2022 is estimated at around RM55bil to RM59bil, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. That includes dividends, taxes, petroleum cash payments and export duties.皇冠球网(www.hg108.vip)是皇冠体育官网线上直营平台。皇冠球网面向亚太地区招募代理,开放皇冠球网代理申请、皇冠球网代理会员开户等业务。皇冠球网可下载皇冠球网APP,皇冠球网APP包括皇冠体育最新代理登录线路、皇冠体育最新会员登录线路。
KUALA LUMPUR: State energy firm Petroliam Nasional Bhd (PETRONAS) is forecast to contribute to government coffers as much as RM59bil this year, a cabinet minister says in a statement to parliament.
PETRONAS’ contributions are a significant source of revenue for the federal government, which is expecting to spend a record RM77.3bil in subsidies and cash aid this year to help the public tackle inflation.
In 2021, the company contributed RM48.2bil in dividends, taxes and cash payments to the government, its sole shareholder.
The contribution from PETRONAS in 2022 is estimated at around RM55bil to RM59bil, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. That includes dividends, taxes, petroleum cash payments and export duties.
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The estimates were based on PETRONAS’ projections with the assumption that Brent crude oil prices remain at US$100.03 (RM446.8) a barrel and that production remains uninterrupted throughout the year, he said.
PETRONAS projects a total pre-tax profit of around RM75bil to RM80bil this year, Mustapa added.
Brent crude traded at US$104.89 (RM467.2) a barrel yesterday. — Reuters
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