Petronas' Turkmenistan Gas Field Deal Reflects Confidence In Malaysia - PM Anwar

BATU KAWAN (Penang, Malaysia), June 20 (Bernama) -- Prime Minister Anwar Ibrahim described Petroliam Nasional Bhd’s (Petronas) success in securing access to one of the world’s largest gas fields in Turkmenistan as clear evidence of international confidence in Malaysia’s capabilities, political stability and the professionalism of its local companies.

Anwar, who is also Finance Minister, said agreements signed with the Turkmen government during his visit to the country would enable Malaysia, through Petronas, to participate in the development of major gas fields in a nation that possesses some of the world's largest gas reserves.

"This reflects the confidence that other countries have in us, the peace we have achieved, the unity of our people, and the commitment of companies such as Petronas, the dedication of our professionals and our determination to develop the nation.

"It should encourage all Malaysians to recognise that vast opportunities are available if we remain focused on uplifting our standing through discipline, commitment and positive efforts towards development," he said at the opening ceremony of MKS Instruments Malaysia in Bandar Cassia Technology Park here Saturday.

The agreements stemmed from Anwar's two-day official visit to Turkmenistan, which began on June 18, at the invitation of President Serdar Berdimuhamedov and reciprocated Berdimuhamedov's official visit to Malaysia in December 2024.

The trip marked Anwar's first official visit to Turkmenistan and the fifth by a Malaysian prime minister.

Petronas began operations in Turkmenistan in 1996 and has since developed a long-standing partnership with the country.

Meanwhile, Anwar welcomed the presence and expansion of global technology companies in Malaysia, particularly in Penang, which he said is increasingly being recognised as a major hub for the semiconductor and high-technology industries in the region.

-- BERNAMA