Uncertain days for Malaysia’s oil industry


Dateline 2018-05-18, Petroleum Economist:

Malaysia’s new prime minister, Mahathir Mohamad, has moved quickly to make good on an election campaign pledge to scrap a goods-and-services tax (GST) blamed for rising living costs. Speculation is now mounting over whether state-controlled oil and gas giant Petronas could be tapped to fill any resulting hole in the country’s finances.

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