KUALA LUMPUR: Petronas recorded RM152.4 billion in revenue for the first half of 2026, driven by higher domestic production and increased liquefied natural gas (LNG) sales volume.
Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said said the performance was also supported by sales of processed gas, backed by higher average realised prices for major products following geopolitical tensions in the Middle East.
However, she said Petronas also incurred higher costs of sales due to rising import and crude oil processing costs, in line with its commitment to maintain stable operations and guarantee the security and sustainability of national energy supplies, despite support from stronger market prices.
