realpolitikasia

Monday, June 15, 2020

Vitol ,RAPID-ARAMCO, RAPID "closed tender" contracts: New Petronas CEO Taufik has much to review

by Ganesh Sahathevan

             Tengku Muhammad Taufik Tengku Aziz has been appointed as the new president and                                                                group chief executive officer of Petroliam Nasional Bhd (Petronas) effective July 1 2020




New Petronas CEO Tengku Muhammad Taufik should take his predecessor Wan Zulkiflee's advice and take a principled review of the following:


Vitol's "all Christmases at once" deal with Petronas makes one wonder if Petronas has become a charitable organisation



RAPID refinery " needs a specific type of crude oil "-Petronas executive VP Md Arif Mahmood explains why RAPID refinery will not be as advanced as public were led to believe



Petronas awards RM 440 Million Pengerang maintenance contract to private Indian company based in Singapore -Award said to be via "closed tender"

Posted by ganesh sahathevan at 5:15 AM
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