KUALA LUMPUR – Petronas has confirmed it will pay RM20 billion in dividends to the government in 2026, a figure determined by its financial capacity, according to president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz.
“The board has just approved it, and that is something that we can contend with, having evaluated more of our growth and reinvestment needs, also servicing borrowings and ensuring that there’s enough proportion for in-shops,” he said during the announcement of the group’s financial results for the 2025 financial year.
For FY2025, the board approved a dividend of RM32 billion, supported by capital expenditure of RM41.6 billion.
Looking ahead, Petronas expects average annual capex of between RM45 billion and RM50 billion over the next five years, subject to project timelines. – February 27, 2026