Petronas Launches Private 5G Network

Petronas, Malaysia's state energy business, launched the country's first commercial private 5G network for enterprise usage on Oct 6, claiming that it will improve internal operations and "induce industry-wide change." Petroliam Nasional Berhad, or Petronas, announced in a statement that the private 5G network has been successfully implemented at its Regasification Terminal Sungai Udang in Melaka state.

Deputy Prime Minister Fadillah Yusof said the Petronas network's debut will pave the way for a "dynamic partnership" between the government and the private sector.

National Petroleum Limited, or Petronas, is a Malaysian oil conglomerate with operations in over 100 countries. It was established in 1974 as a legal entity under the Malaysian Companies Act and reports to the company's Board of Directors. The group is involved in a wide range of petroleum activities, from upstream oil and gas exploration and production to downstream oil refining; marketing and distribution of petroleum products; trading; gas processing and liquefaction; gas transmission pipeline network operations; liquefied natural gas marketing; petrochemical manufacturing and marketing; shipping; automotive engineering; and property investment.

Petronas is a significant source of money for the Malaysian government, contributing for more than 15% of total revenue from 2015 to 2020. The corporation's headquarters are the Petronas Twin Towers in Kuala Lumpur, Malaysia.