PETRONAS DAGANGAN BERHAD Overview
Company Headquarters: Kuala Lumpur, Malaysia
Founded: 1982
Workforce: ~49,000
Company Working: PETRONAS Dagangan Berhad (PETRONAS) is one of the leading retailers and marketers of downstream oil and gas products. Petronas operates the business through three core segments retail, commercial, and others. The commercial segment offers petroleum products to the remaining commercial sector such as petrol stations and gas dealers. The retail segment deals with the distribution of petroleum products in the retail sector. The others segment includes liquefied petroleum gas (LPG) and lubricants. The refrigeration oil is offered under the lubricants segment. PETRONAS has an extensive distribution network in the Malaysian market with its retail network considered as Malaysia’s largest petroleum retail network, with over 725 Kedai Mesra and 1000 stations. Beyond Malaysia, Petronas operates three downstream companies that are PETRONAS Energy Philippines Inc in the Philippines, PETRONAS International (Thailand) Co Ltd in Thailand, and PETRONAS (Vietnam) Co Ltd in Vietnam.
Strategy
Petronas is implementing strategies such as product launch, joint ventures, mergers & acquisitions, and expansion to increase the revenue base, as well as deliver high-quality, innovated petroleum products and services in Malaysia. It is also focusing on expanding its production base through improvisation and optimization.
