October 25, 2020 11:15 AM
Sociopolitical analyst Awang Azman Pawi said the stability of the state government under the leadership of Chief Minister Abang Johari Openg has managed to instill foreign and local investors’ confidence in Sarawak. According to Awang Azman, Sarawak’s determination in defending its rights by being bold enough to stand up to Putrajaya on issues pertaining to oil and gas was also another consideration.
On March 13 this year, the Kuching High Court ruled that Sabah and Sarawak had the right under the Federal Constitution to impose sales tax on petroleum products, dismissing Petronas’ bid to declare the Sarawak sales tax null and void. FMT had reported that Shell would be trimming its operations in Sabah and moving its upstream staff from Plaza Shell here to Miri, Sarawak, the company’s upstream headquarters.
Political economist Firdausi Suffian, however, does not believe politics has anything to do with the energy giant’s decision.“And relocating their office to Sarawak does not really impact the company’s core activities such as resource extraction,” he said, adding Shell would still be able to operate their upstream business from there.
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