KUCHING: The Chief Minister’s Office has clarified that PETROS, the state oil company and co-regulator of the oil and gas industry in Sarawak, has nothing to do with the venture in Oman as alleged in Sarawak Report’s article entitled “Taib’s Secret Interest in Sarawak’s Petros Venture” dated July 20, 2018.
In a press statement issued here yesterday, the office said that eventhough a Memorandum of Understanding was signed, it had lapsed and was merely an understanding for PETROS to assist should the company intended to invest in the state.
“At best, the article is only a speculation in an attempt to smear PETROS’ image for reasons only known to Sarawak Report,” concluded the statement.