Petroleum Fund another ploy to exploit Sabah oil


Free Malaysia Today has a lot of gripes against PETRONAS, don’t it?

Dateline 2012-01-19:

The proposal to set up a petroleum fund is a another way to tighten the stranglehold outsiders have over Sabah.

United Borneo Front (UBF), a Sabah based NGO, is dead against a proposal by Sabah PKR Secretary, Dr Roland Chia to set up such a fund.

UBF Campaign Director Edward Linggu said setting up the fund is not the “right solution”.

He noted that while only sketchy details were provided by Dr Roland, it appears that the proposed Petroleum Fund will be from Sabah’s oil and gas resources.

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This entry was posted on Friday, January 27th, 2012 at 6:00 am and is filed under Malaysia, 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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