Sarawak govt wants details on stakes in Petronas

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Sarawak govt wants details on stakes in Petronas thesundaily DatukPatinggiAbangJohariTunOpeng Petronas Sarawak

: The Sarawak government will only reveal its stand on the Federal government’s plan to offer Petronas stakes to the oil and gas-producing state once they have the details on the offer.today said that he needs to know the terms and conditions of the offer before he could elaborate on the matter.

He confirmed that he will be meeting with Prime Minister Tun Dr Mahathir Mohamad and Sabah Chief Minister Datuk Mohd Shafie Apdal in Putrajaya on Monday. Last Tuesday, Dr Mahathir was reported to have said that the Federal government is considering selling stakes in energy giant Petronas to states where the company’s oil and gas fields are located in a bid to raise funds.

 

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