From the Daily Express – Quarter of the nation’s crude oil from Sabah


Dateline 2011-01-09:

Kota Kinabalu: Sabah contributed more than quarter of the nation’s crude oil last year.

Chief Minister, Datuk Seri Musa Aman said the State chipped in about 26.9 per cent of the country’s overall crude oil output, which totaled more than 637,000 drums daily.

The oil and gas industry was one of the main contributors to Sabah’s economic sustainability, he said, adding many large-scale projects in the sector have been developed.

“These includes the Kikeh Oil Field, which is the first offshore deepwater oil field in Malaysia and the Sabah Oil and Gas Terminal (SOGT) in Kimanis as the industry’s hub in the State’s West Coast,” he said during the Petronas Petroleum Technology Institute (Instep) 2010 Convocation, Saturday.

“I am confident the sector has the potential to grow even further in future.”

In the same breath, Musa said such development could only be achieved with skilled and experienced labour such as those produced by national oil company Petronas.

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This entry was posted on Sunday, January 23rd, 2011 at 6:00 am and is filed under business opportunity, Malaysia, Malaysian election, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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