|Friday, 26 October 2012 15:00|
KUALA LUMPUR: Petronas has been forced to close down the majority of its petrol stations in Indonesia amidst poor sales. The revenue from its stations in Indonesia is so low that the Malaysian oil and gas giant can no longer sustain its operations, claims the Indonesian government.
The problem, experts believe, stems from anti-Malaysian sentiments by the Indonesian public, who refuse to purchase Malaysian products. In a Jakarta Post report, the Indonesian Energy and Mineral Resources Ministry confirmed that Petronas has closed down 15 out of its 19 petrol stations in the country.