Petronas to pay RM13b dividend in 2017

Johari Abdul GhaniKUALA LUMPUR: Petronas will pay the government a dividend of RM13b ($3.11 billion) next year, lower than 2016 levels, the country’s second finance minister Johari Abdul Ghani said on Friday.

Petronas has said it will pay RM16b to the government this year.

Addressing reporters after tabling the country’s 2017 budget, Johari said the budget was based on an oil price assumption of $45 a barrel.