Sarawak deserves separate price tier for oil, says SUPP

Dateline 2017-02-04, FMT:

The Sarawak government has been urged to take charge of its oil resources to buffer Sarawakians against the cost of rising fuel prices.

Sarawak United People’s Party (SUPP) Youth publicity secretary Milton Foo proposed a separate tier of oil prices for the state as a “temporary mechanism” to ensure “Sarawakians are treated more fairly” in view of the state’s contribution to the country’s oil production.

Foo said petroleum found in Sarawak should belong “to the people of Sarawak.”

“We deserve a separate tier or system of oil prices from Peninsular Malaysia, which should be at least 20% lower since we have contributed so much to petroleum resources in Malaysia,” he said in a statement today.

Sarawak contributes 47% of Malaysia’s total oil production.

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