KUALA LUMPUR: Petronas Dagangan Bhd (PDB) believes that the steps it has taken to scale up its non-fuel segment have created, and will further enhance its value to shareholders.

       Chairman Datuk Anuar Ahmad said the expansion of Kedai Mesra’s food and beverages offerings, Setel app and logistics services, and the success of the company's own e-commerce merchandise platform are testament to delivering on its promise to customers and to future-proofing the organisation.

       ‘’Whilst we ensure that our core business remains safe, reliable and efficient, the disruptions to global supply chains over the last two years have revealed a major point of vulnerability for businesses and nations alike.

       ‘’We adapted quickly to this threat by working closely with our suppliers to strengthen and diversify supply chain coverage,’’ he said, adding this has enabled PDB to optimise inventory management and minimise exposure to oil price fluctuations and ensure security of supply to customers.

       The company continues to drive innovation in core areas of fuels and lubricants by building on the strong credibility of the Petronas brand.

       ‘’In 2021, we converted our diesel offerings at all of our stations nationwide to Euro 5 specification, providing our customers with a cleaner fuel option.

       ‘’At the same time, we have actively offered customers cleaner energy solutions, such as liquefied natural gas (LNG) and B20 biodiesel, meeting their growing demand and supporting Petronas group’s aspirations towards Net Zero Carbon Emissions by 2050,’’ he said in PDB’s 2021 Annual Report.

       Managing director and chief executive officer Azrul Osman Rani added that PDB was able to capitalise on the growth opportunities that emerged during the year, having successfully recaptured sales in commercial and liquefied petroleum gas (LPG) businesses by targeting key economic sectors.

       ‘’Against this favourable backdrop, PDB's strategy aims to maintain its leading position in the core business segments while aggressively growing its non-fuel revenue streams.

       ‘’We are confident that our strategy of growing clean fuel, renewables and non-fuel businesses, and expanding our digital operations is set to deliver strong growth going forward,’’ Azrul noted. - Bernama