LOCAL VALUE ADDITION

Local content is the development of local skills, technology transfer, and use of local manpower and local manufacturing. For a more practical definition, one could say that local content is building a workforce that is skilled and building a competitive supplier base. It has become a very important issue due to the fact that in this day and age, every country would like its citizens to capture the commanding heights of its economy and thus assist to keep its wealth within its borders, as well as providing jobs to the ever increasing population. This is achieved through capacity building, creating SMEs as well as offering products and services locally. It can be argued that in developing countries, local enterprises are the drivers of economic activity and development. Whereas the technology gap between developing and developing countries is widening, the spread of local technologies in developing countries is being fast-tracked.

  • Petronash FZE SDN BHD, Kuala Lumpur, Malaysia

  • India

  • Milat Nigeria Ltd Port Harcourt, Nigeria

  • Milat Nigeria Ltd Port Harcourt, Nigeria

  • Tematech Aksai, Kazakhstan

  • PT. Sanggar Sarana Baja Jakarta Indonesia

 Petronash has a commitment to playing its part in ensuring that the success of the oil and gas industry brings transparent and tangible benefits to local people and national economies where it operates.

This means that:

  • Petronash is committed to attracting local companies into all levels of our supply chain, helping to build their capacity so we can source competitive local goods, services and skills to industry required international standards
  • Petronash is committed to engaging with local companies in sourcing raw material, components and also local manufacturing with Engineering, Project Management and Quality under its fold.
  • Petronash is committed to working with its partners and international suppliers to contribute to host country economies by sourcing locally; employing, training and developing nationals; and investing in local capacity
  • Petronash is committed to regular engagement and communication with local suppliers to ensure they understand the requirements, can easily navigate the contracting and procurement processes and be a part of its transparent supply chain
  • Petronash is committed to working effectively with its suppliers to improve overall performance throughout its supply chain

Our commitment, supported by ethical and responsible business practices, will help us to achieve a sustainable and competitive local supply chain for Petronash, building futures in the countries where we operate.

Currently Petronash Operates in the following Countries with very significant local content:
  • Malaysia
    Malaysia
  • Kazakhstan
    Kazakhstan
  • Vietnam
    Vietnam
  • Nigeria
    Nigeria
  • Indonesia
    Indonesia
  • Brazil
    Brazil
  • India
    India