Guided by OMO on petroleum product
KUCHING: Sarawak has the Oil Mining (OMO) Ordinance 1958, which is based on state laws and judicial decisions, in dealing with oil and gas matters and the sale taxes on petroleum products, said Chief Minister Datuk Patinggi Abang Johari Tun Openg. He said what was being discussed between the state government and Petroliam Nasional Berhad […]
Sarawak Oil and Gas Fund would benefit future generations
KUCHING: Sarawak should establish the Sarawak Oil and Gas Fund from at least 30 percent or more of the state’s present and future oil and gas income, proposed Yusuf Abdul Rahman, director of media communications and legal at Suarah Petroleum Group (SPG). He said to ensure future sustainable income from oil and gas, it would […]
200 untapped oil and gas fields
KUCHING: Sarawak has 200 discovered oil and gas fields which remain undeveloped, said Suarah Petroleum Group (SPG) vice president Abang Iskandar Abang Muas. He said that the issue here was that there was no plan or projects in place for the resources. “If you go and ask those international oil and gas companies, they will […]
Expanding Sarawak’s gas industry
KUCHING: It is time for Sarawak to use its gas reserves for its industrial development and local consumption instead of contributing to Petronas’ revenues, said Datuk Sharifah Hasidah Sayeed Aman Ghazali. The assistant minister in the Chief Minister’s Department (Law, State-Federal Relations and Project Monitoring) said that between 1997 and 2014, Petronas gas revenues totalled […]
