What we do
Gas from our offshore hubs feeds our LNG plant. Crude supplies our refinery and our customers. Cash from all three funds the low-carbon business that will carry the company into the next decades.
01
Our upstream business finds, develops and produces oil and natural gas from three operated hubs offshore Malaysia and partner-operated interests across Southeast Asia. Gas makes up 62 percent of output and supplies our LNG plant at Tanjung Api.
02
Tanjung Api, our two-train liquefaction plant, turns gas from our offshore hubs into LNG for utilities and buyers across Asia. It delivered 58 cargoes in FY2025.
03
Our Pulau Kering refinery processes 120 thousand barrels of crude a day into gasoline, diesel, jet fuel and LPG for the Malaysian market.
04
Our low-carbon business develops solar power and carbon capture and storage. It has 800 megawatts of solar capacity and a capture pilot at Ayer Tenang, and received 11 percent of group capital expenditure in FY2025.
FY2025
| RM billion | Revenue | Share | EBITDA | Capital expenditure |
|---|---|---|---|---|
| Upstream | 14.9 | 35.1% | 11.2 | 5.6 |
| LNG | 10.6 | 25.0% | 4.3 | 1.1 |
| Refining | 16.7 | 39.4% | 1.3 | 0.9 |
| Low carbon | 0.2 | 0.5% | 0.1 | 0.9 |
| Corporate and eliminations | - | - | -0.1 | - |
| Group | 42.4 | 100% | 16.8 | 8.5 |