KUALA LUMPUR, Dec 28 (Bernama) — PETRONAS today released its annual PETRONAS Activity Outlook (PAO) for 2022-2024 which provides insights into industry trends, demand outlook and the upcoming activities of the Company’s Upstream, Gas + New Energy and Downstream businesses.
For 2022, PETRONAS anticipates the path towards sustained demand recovery to remain fragile and uncertain as the oil market adjusts to both short and long-term landscapes, driven by the resumption of economic activities amidst the COVID-19 pandemic.