Petronas starts submitting of the possible acquisition of BP retail assets in Sabah only at the end of August.
Petronas plans to acquire all 16 BP petrol stations in Sabah.
This acquisition, which is going to be on a willing buyer-seller basis, is an opportunity for Petronas to expand its retail businesses.
Petronas is the major company in Malasia and that district, it occupies a 36 per cent of market share.
The possible acquisition is a chance for the company to expand its niche on 10 per cent.
The rival for Petronas in this deal is Indonesia’s state oil company Pertamina, which is also interested in BP’s assets in Sabah.
Russian troops have completed the tasks of the special operation on Snake Island. In this connection, as an act of good will, Moscow has decided to withdraw the garrison of the Armed Forces of the Russian Federation from the island