Dateline 2017-06-17, FMT:
A Sabahan activist says there is no reason – not even low global oil prices – for the Sabah government to not pursue oil and gas rights belonging to the state.
In an interview with FMT, Malaysia Agreement 1963 (MA63) activist, Zainnal Ajamain said the Federal Constitution had clearly outlined the state’s oil and gas rights including the collection of export tax on crude petroleum, oil royalties and ownership of oil fields.
State rights especially in relation to oil and gas, have always been a sore point for Sabahans and Sarawakians.
In recent times, the Sarawak government, which has pledged to pursue its request for higher oil and gas royalty, has put on hold further talks with Putrajaya until global crude oil prices – which plunged from US$107 per barrel in January 2014 to US$52 per barrel three years later – recover.