Exciting year for oil & gas industry

Dateline 2015-01-05, Daily Express:

The year that ended was an exciting one for the oil and gas (O&G) industry in Sabah as the sector has been progressively growing and moving towards the right direction of becoming a developed and high-income State.

In fact, the State Government under the leadership of Chief Minister Datuk Seri Musa Aman has recognised the huge potential of the industry that would accelerate the State’s social and economic development.

It has also committed to participate directly in the O&G industry to ensure the sector reap benefits for the State and boosting its economy.

The most significant and landmark decision as a result of closer ties between the State and Federal Government, was when Petronas has officially agreed to give the State Government a 10 per cent stake in the Liquefied Natural Gas Sdn Bhd 9 (LNG 9) in Bintulu, Sarawak.

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