Dateline 2012-09-07:
The oil royalty re-negotiations which both Sabah and Sarawak chief ministers have suddenly agreed to would have to take into account history and the actual numbers earned by Petronas and the federal government.
It is vital that the leaders go into these discussions with Putrajaya knowing the true facts of the agreement and the events leading up to how both states were “coerced” into signing the agreements.
If I recall correctly, Sarawak commenced its oil production in the early 1900s. Sabah has been producing oil for 30 years now.
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Wata - Malaysian Oil and Gas Engineer 