PETROMIN NEWS

Petromin Announces Muri bin Muhammed as new Board Member

The Chairman of the Board of Petromin, Mr. Brown Bai, CBE, CSM has announced the appointment of Mr. Muri bin Muhammad as a non-resident independent Director of Petromin, PNG Holdings Limited.
Mr. Bai said after meeting the fit and proper person test, the Prime Minister as Trustee Shareholder of Petromin has made the appointment on the recommendation of the Petromin Trust Managers.
Mr. Muhammad, is from Malaysia and has many years of LNG experience. He joined PETRONAS in 1975 and after serving for 27 years in various capacities, retired as Vice President, Gas Business of PETRONAS in 2002. On his retirement, he was appointed Advisor to Gas Business until end of March 2005.
Mr. Muhammad holds a Master of Science in Biological Oceanography from Dalhousie University, Halifax, Canada.
He served in various management positions including the Managing Director/Chief Executive Officer of ASEAN Bintulu Fertilizer Sdn Bhd, Managing Director/Chief Executive Officer of Malaysia LNG Sdn Bhd and Vice President, Gas Business of PETRONAS.
He is currently a Director of a number of gas pipeline companies including, Australian Pipeline Trust (APT), a publicly listed Australian gas pipeline company, Transportadora de Gas del Norte (TGN) and Transportadora de Gas del Mercosur (TGM), both of Argentina.
Mr. Bai said the appointment of Mr. Muhammad has further strengthened the Boards standing in respect of industry experience and representation.
“I look forward to the contribution of Mr. Muhammad at Board level in developing Petromin to become a mature national oil, gas and minerals company, “ Mr. Bai said.