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KUALA LUMPUR: Petroliam Nasional Berhad (Petronas) has retained its position as the most valuable Asean brand in the Brand Finance Global 500 report for 2021.
In a statement today, the national oil company said it also remained in the ninth spot among the brand valuation consultancy's listing of global oil and gas (O&G) brands.
Petronas’ Brand Strength Index has also improved to 87 points from 86.3 in 2020. The index is judged on a brand's performance on intangible measures relative to its competitors.
"Brand Finance attributes Petronas’ ranking to its consistent brand performance, contributing to a brand value of US$12.04 billion, despite a drop from US$15.2 billion in 2020,” Petronas said.

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