Sarawak-Petronas oil dispute resolved, says Abang Johari

Free Malaysia Today

Sarawak premier Abang Johari Openg says Prime Minister Anwar Ibrahim is expected to announce the solution soon.  Read More:  https://www.freemalaysiatoday.com/category/nation/2024/12/10/sarawak-petronas-oil-dispute-resolved-says-abang-johari/  Laporan Lanjut:  https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/12/10/pm-akan-umum-formula-agihan-gas-petros-petronas-kata-abang-jo/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #AbangJohariOpeng #Petronas #Petros

Transcript

00:00Sarawak Premier Abang Johari Oping said a solution has been reached over the dispute

00:07between Sarawak and Petronas over the rights to oil and gas resources in and around the

00:12state, with Prime Minister Anwar Ibrahim set to announce it soon.

00:17Abang Johari said the issue was merely a legal matter, with Petronas relying on the Petroleum

00:23Development Act 1974 and Sarawak on the Oil and Mining Ordinance 1958.

00:29He said it had been decided that the rights of both parties under the PDA and OMO can

00:35co-exist.

00:37Over the past year, Sarawak has pressed hard for Petronas to ink a deal that would make

00:41petroleum Sarawak Berhad the sole gas aggregator in the state.

00:46Abang Johari also said some had exaggerated claims, suggesting Petronas could lose up

00:51to RM100 billion with Petros entering the fray for rights to the ONG resources in and

00:57around the state.

00:59He said while there may be a slight reduction to Petronas' profits due to the gas distribution

01:04arrangement, he believed that this could be resolved.

01:08He also said Petros would continue collaborating with Petronas, emphasizing that their partnership

01:13was crucial as collectively they dominate a significant portion of Sarawak's gas reserves.

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