Petronas CEO Contract Extended

National oil giant, Petroliam Nasional Bhd has extended the contract of its President and Group CEO Tan Sri Tengku Muhammad Taufik Tengku Aziz who will see his contract expire at the end of this month.

Without delving into the details of his contract, the President said the shareholders and board members would be the parties to answer the matter.

“I have been extended, and I think that’s as far as I am probably at liberty to say. Other than that, you have to get comments from my shareholders and boards,” he said.

Tengku Muhammad was appointed in June 2020 by then-prime minister Tan Sri Muhyiddin Yassin who replaced his predecessor Tan Sri Wan Zulkiflee Wan Ariffin.

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