Sabah may never get 20% oil royalty, but there are other ways to get what is owed to the state, says Bung Moktar

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KOTA KINABALU: Sabah might never get the 20% oil royalty that it is hoping for due to pre-existing agreements with international corporations, says state Barisan Nasional chief Datuk Seri Bung Moktar Radin.

He said the 20% oil royalty is not an easy matter to achieve, which is why the Gabungan Rakyat Sabah, comprising Perikatan Nasional and PBS, will set up a Sabah Petroleum Council among others as per the “Aku Janji” pledge.

“This council will allow us to get funds to help our children further their studies and other matters to assist in development, ” he said during his campaign in Bongawan Thursday . “We have done our research on MA63, and actually, this claim has been made for many years, it is not new, but it is difficult for the Federal Government to approve it, as it is almost impossible, ” Bung said.

He said Malaysia once had no oil drilling specialty that is why Malaysia needed to use foreign specialists, and the amount was agreed when these agreements were signed.To this, he said, there are other means to get what is owed to Sabah.

 

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