Petron Malaysia – is there an investment opportunity

[i4value]

Most of the global Oil & Gas companies (eg Shell, ExxonMobil) are getting our of the service station business as it is not as lucrative as the upstream business. So it is the new players in here. So in Malaysia we have BHP (Boustead) and Petron. There is of course Petronas but this is a different story. They seem to be going into retail and I am not sure whether the current EV charging station set-up will work for them as it takes time to charge the EV. I would imaging that car parks in shopping centres and office blocks would eventually have charging stations for EV.