• Upstream
  • Pipelines & Transport
  • Downstream
Monday, August 25, 2025
Oil&Gas Advancement
  • Home
  • News
    Oil Gas Exploration in Mediterranean Sea

    Eastern-Libya to Approve Turkey’s Oil & Gas Exploration in Mediterranean Sea

    Iraq Chevron Signs Deal

    Iraq, Chevron Signs Deal to Revitalise Oil and Gas Assets

    Yellowtail Field Project

    Saipem Completes Construction of Yellowtail Field Project

    Natural Gas Pipeline Expansion

    ICGB Secures Permit for Natural Gas Metering Station

    India Launches Deepwater Exploration Mission for Energy

    India Launches Deepwater Exploration Mission for Energy

    ExxonMobil Boosts Fourth Oil Development in Guyana to 900000 bopd

    ExxonMobil Boosts Fourth Oil Development in Guyana to 900,000 bopd

    Venture Capital Makes Phenomenal US LNG Investment

    Venture Capital Makes Phenomenal US LNG Investment

    Imperial Oil Launches Renewable Diesel Production Complex

    Imperial Oil Launches Renewable Diesel Production Complex

    Egypt to Reach a Natural Gas Deal of $35 billion with Israel

    Egypt to Reach a Natural Gas Deal of $35 billion with Israel

  • Projects
    Yellowtail Field Project

    Saipem Completes Construction of Yellowtail Field Project

    Venture Capital Makes Phenomenal US LNG Investment

    Venture Capital Makes Phenomenal US LNG Investment

    Mabadala Energy Invests in US Natural Gas Market Expansion

    Mabadala Energy Invests in US Natural Gas Market Expansion

    SEWA Implements Natural Gas Network Connection in the UAE

    SEWA Implements Natural Gas Network Connection in the UAE

    Adnoc Gas Expands LNG Supply to India for Decarbonisation

    Adnoc Gas Expands LNG Supply to India for Decarbonisation

    Natural Gas Transition Boost Economy in Northwestern Tunisia

    Natural Gas Transition Boost Economy in Northwestern Tunisia

    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Eni Ghana Expands Natural

    Eni Ghana Expands Natural Gas for OCTP to Power Ghana

    Var Energi Partners with TechnipFMC

    Var Energi Partners with TechnipFMC for Subsea Projects

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

  • Market Reports
    AI Technology Maturing the Oil and Gas Workforce

    AI & Technology Maturing the Oil and Gas Workforce

    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home Asia Pacific

petronas strategises business expansion to capture india’s growth

in Asia Pacific, Market Reports, Pipelines & Transport
Share on FacebookShare on Twitter

India’s robust growth trajectory and thriving demand for consumer products as well as clean energy to fuel its growth plans, have put Malaysia’s national oil company PETRONAS in a unique position to support the republic’s future aspirations.

PETRONAS, which has more than two decades of strategic partnerships in India, is enhancing its business strategy to strengthen and expand its presence in the world’s fastest-growing economy, said its President and Group CEO, Datuk Wan Zulkiflee Wan Ariffin.

“PETRONAS aims to continue to be part of India’s exciting journey and support its sustainable growth ambitions and commitments through further collaborations with our existing partners as well as through new strategic-fit opportunities,” he said.

Wan Zulkiflee, currently on PETRONAS’ annual official visit to meet with India’s industry leaders and partners, said high on PETRONAS’ priority would be the expansion of its liquefied natural gas (LNG) supply in India to help meet the rising demands from the power, agriculture and transportation sectors.

Leveraging on its long history and sterling reputation in the global LNG business, PETRONAS has the added advantage to provide tailor-made solutions across the LNG value chain such as flexibility, engineering expertise and experience in operations management.

With over 30 mtpa supply capacity, PETRONAS is currently the third largest LNG player globally. It hopes to further contribute to the energy needs of India, which is the fourth largest LNG market in the world.

To date, PETRONAS has delivered 15 LNG cargoes to India. Recently PETRONAS took pride in delivering to India the first cargo produced from its floating LNG production facility, the first such facility in the world.

PETRONAS’ strategic partnerships in India have also resulted in successful advances in the marketing and trading of crude oil and other petroleum products, petrochemicals, as well as the distribution of lubricants.

PETRONAS also sees growth in demand for petrochemicals in India – especially with the growing affluence that will see the increased demand for consumer products. In 2016, India made up over 100,000 tonnes of PETRONAS’ petrochemicals sales volume.

To strengthen PETRONAS’ lubricants business in India, subsidiary PETRONAS Lubricants International (PLI), is investing US$150 million over the next five years. The investment includes the building of a US$50 million lubricant blending plant with a 110 million-litre capacity in Patalganga, to be completed by Q1 of 2018.

Wan Zulkiflee said this investment was also in line with the Indian government’s “Make in India” transformation initiative.

The plant is set to be the most modern facility in PLI’s global production network with unique capabilities to blend the most complex fluids. It is also equipped with a technical service facility that utilises the latest equipment in fluid analytics.

“We are aiming to triple our market share in India’s lubricant market by 2022. Globally, we are among the top 10 lubricants players by market share, and striving to eventually be among the top five in five years,” said Wan Zulkiflee.

PLI also has a reliable network of multiple OEM partnerships, notably with Tata Motors, Fiat, New Holland, Doosan, Case Construction, Maruti Suzuki India, Piaggio and Bharat Benz for branded and co-branded lubricants.

Wan Zulkiflee further noted that he was extremely encouraged by the growth and performance of PETRONAS’ LPG joint venture with Indian Oil Corporation Ltd which currently owns LPG bottling terminals in Haldia, West Bengal and in Ennore, Tamil Nadu.

During this official visit, PETRONAS also commemorated a three-year agreement between its wholly-owned subsidiary PETRONAS Chemicals Group and Reliance Industries Limited for the supply of up to 120,000 mt of paraxylene.

“I look forward to see more collaborations fostered between PETRONAS and our counterparts in India, to pave the way for a stronger cooperation for the mutual benefits,” Wan Zulkiflee added.

Issued by

Media Relations

Group Strategic Communications

PETRONAS

Media Contacts:

Mr. Auliya Rasyid

E: auliya_rasyid@petronas.com

M: + 6019 222 0179

Previous Post

Petrobras about to sell a U.S refinery Pasadena

Next Post

Earth Quake creates havoc, intercepts communication and disrupts oil and gas operations in Papua New Guinea

Related Posts

Natural Gas Pipeline Expansion
News

ICGB Secures Permit for Natural Gas Metering Station

August 19, 2025
Brookfield Infrastructure Acquires Colonial for $9 Billion
News

Brookfield Infrastructure Acquires Colonial for $9 Billion

August 6, 2025
Hungary Russia Serbia Deal on Imports of Russian Crude Oil
Downstream

Hungary, Russia, Serbia Deal on Imports of Russian Crude Oil

July 31, 2025
Turkey Iraq Pipeline Deal and Energy Cooperation Plans
News

Turkey-Iraq Pipeline Deal and Energy Cooperation Plans

July 31, 2025
Eni Ghana Expands Natural
News

Eni Ghana Expands Natural Gas for OCTP to Power Ghana

July 28, 2025
AI Technology Maturing the Oil and Gas Workforce
Market Reports

AI & Technology Maturing the Oil and Gas Workforce

July 19, 2025
Next Post

Earth Quake creates havoc, intercepts communication and disrupts oil and gas operations in Papua New Guinea

LatestNews

Iraq Chevron Signs Deal
News

Iraq, Chevron Signs Deal to Revitalise Oil and Gas Assets

August 22, 2025
Yellowtail Field Project
News

Saipem Completes Construction of Yellowtail Field Project

August 21, 2025
Natural Gas Pipeline Expansion
News

ICGB Secures Permit for Natural Gas Metering Station

August 19, 2025
India Launches Deepwater Exploration Mission for Energy
Exploration Development

India Launches Deepwater Exploration Mission for Energy

August 16, 2025
ExxonMobil Boosts Fourth Oil Development in Guyana to 900000 bopd
News

ExxonMobil Boosts Fourth Oil Development in Guyana to 900,000 bopd

August 14, 2025
Venture Capital Makes Phenomenal US LNG Investment
America

Venture Capital Makes Phenomenal US LNG Investment

August 13, 2025

About Us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2025 Copyright Valuemediaservices 2025 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2025 Copyright Valuemediaservices 2025 All rights reserved.