Overview of Petronas Group Results for the Financial Year Ended 31st March 2007
The PETRONAS Group delivered another record performance for the financial year ended 31 March, 2007, amidst a more complex and increasingly challenging global oil and gas industry environment. The year saw crude oil prices remaining high
as global demand, particularly from the transportation sector, continued to increase on the back of strong economic growth, especially in China and India.
In the meantime, supply disruptions in Alaska and Nigeria, coupled with continuing geopolitical tensions in the Middle East, escalated concerns over security of supply.