We didn’t surrender oil and gas rights, says Sarawak CM
Abang Johari Openg says Sarawak recognises Petroleum Development Act 1974 for the country, not the state.
Copy URLSarawak CM Abang Johari Openg says the law governing ownership and regulating oil and gas resources is still the state's Oil Mining Ordinance 1958. – The Malaysian Insight file pic, May 14, 2020.SARAWAK Chief Minister Abang Johari Openg today dismissed accusations the state made a u-turn on the highly controversial national monopolistic oil law, the Petroleum Development Act 1974 (PDA74).
“We didn’t surrender our rights (over Sarawak’s oil and gas resources),” the chief minister told journalists when asked to clarify a statement contained in the May 8 resolution between Sarawak and national oil company Petronas, in the dispute over the 5% sales tax payment on petroleum products.Read more: TheMalaysianInsight »
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