Petronas Gas (STATE.PETRONAS)

Overall impact
D (31)

Commentary

Petronas Gas is a below-average overall performer. With a 'D' rating of 30.8 for overall impact (bottom 25% of all companies), Petronas Gas ranks 53rd out of 63 industry peers, behind Clean Energy Fuels, RGC Resources, Enagas and 49 others, and ahead of China Gas, Atmos Energy, APA and 7 others. On top material causes for Petronas Gas's industry (Utilities), Petronas Gas performs poorly in Healthy Oceans (0.0 score), Renewable Energy Growth (6.2), Disaster Readiness and Effective Aid (14.5) and 10 other causes where it received a 'D' or 'F' score. Petronas Gas did not receive an 'A' rating on any cause.
Impact
Cause STATE.PETRONAS
Peer rank
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Company
Founded
1983
Employees
1,829
Sector
Utilities
Industry
Gas Utilities
Sub-industry
Gas Utilities
SASB industry
Gas Utilities & Distributors
Headquarters
Lumpur, Malaysia
Share classes
STATE.PETRONAS
Description
PETRONAS Gas Berhad, together with its subsidiaries, engages in separating natural gas into components and storing, transporting, distributing, and selling such components to industrial utilities in Malaysia. The company operates through four segments: Gas Processing, Gas Transportation, Regasification, and Utilities. The Gas Processing segment processes natural gas into sales gas and other by-products, such as ethane, propane, and butane. The Gas Transportation segment engages in the transportation of processed gas to shippers end customers; and offers operation and maintenance services. The Regasification segment engages in the regasification of liquefied natural gas (LNG), as well as provides LNG reloading, truck loading, and gassing up and cooling down services. The Utilities segment manufactures, markets, and supplies industrial utilities to petrochemical plants and surrounding industries. This segment offers electricity and steam, industrial gases, and treated water, as well as operations and maintenance services. It also constructs, owns, and operates power plants for the generation of electricity. The company was incorporated in 1983 and is based in Kuala Lumpur, Malaysia. PETRONAS Gas Berhad is a subsidiary of Petroliam Nasional Berhad.
Material causes
Ethos considers the following causes material for Petronas Gas, based on its industry sub-industry Gas Utilities. Learn more about material causes in our methodology overview.

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