Listed in 1995, PETRONAS Gas Berhad (PETGAS) is a leading gas infrastructure and centralised utilities company in Malaysia. It receives and processes natural gas from PETRONAS and delivers them to customers in Malaysia and Singapore via its Peninsular Gas Utilisation pipeline.

Presently, PETGAS is worth RM35.6 billion in market capitalization and is one of the 30 constituents of the FTSE Bursa Malaysia Kuala Lumpur Composite Index. Here, I’ll bring an update on PETRONAS Gas’s latest financial results, growth plans, and valuation based on its current stock price. As such, here are 12 things to know about PETRONAS Gas before you invest.

1. For the last 12 months, PETGAS’s gas processing division made RM1.57 billion in revenue and RM631 million in gross profits. Revenue was directly contributed by stable remuneration from a 20-year gas processing agreement (GPA) with PETRONAS that comprises a fixed processing fee, and achieving 99%