Petronas gas (PETGAS) has allocated RM6 billion in capital expenditure (CAPEX) for the next five years, 60 per cent of which will be channelled to its onshore regasification project in Pengerang, Johor.

Ceo and Managing Director, Yusa Hassa said that this year they are committing RM800 million to RM1 billion in CAPEX, which will be used for ongoing rejuvenation projects as well as maintenance expenditure.