From UpstreamOnline, dateline 2009-12-21:
Kelantan will be compensated as early as next year for the oil and gas extracted from the resource-rich Malaysian state, according to International Trade and Industry Minister Mustapa Mohamed.
“The Federal Government will have to liaise with PETRONAS to find out how much has been extracted from the oil fields and when this is determined, we will meet the Kelantan Government to decide on the development projects to be implemented.
“This can be done as early as next year and the money will be forthcoming, as promised by Prime Minister Najib Tun Razak,” the Minister was cited as saying in the Star newspaper.
Mustapa warned the opposition party-led state government of Kelantan against taking the matter to court, saying it would only make it ‘difficult for the people to get the money’.
As earlier reported, Kelantan had previously set out to hire a team of lawyers to press for more than 1 billion ringgit ($291 million) oil royalties it claimed to be owed by the Federal Government.
