Shafie to meet Mahathir on Dec 16 for oil royalty talks

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The Sabah chief minister says he will also get details of the PM's proposal to sell a stake in Petronas to Sabah and Sarawak. FMTNews Petronas OilRoyalty

Sabah Chief Minister Mohd Shafie Apdal says the state’s options have been forwarded to Petronas.

“There have been a number of discussions on the oil royalty with the authorities and Petronas previously. Mahathir said in an interview with Reuters on Tuesday that the government would consider selling Petronas stakes to Sabah and Sarawak, as the two states were demanding a bigger share of revenues from oil extracted in their territories.

 

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