Act to regulate oil industry in Sabah


Dateline 2018-08-14, Borneo Post:

Chief Minister Datuk Seri Mohd Shafie Apdal will announce an enactment on mineral resources that will allow the state government to regulate the oil industry over its land and water in the future.

Shafie said this at the State Assembly in response to another additional question posed by Datuk Dr Jeffrey Kitingan on whether the state government would emulate Sarawak and activate the mining and land ordinance laws to regulate the Sabah oil industry.

“Indeed, that is always in our thoughts. Soon I will have an enactment associated with minerals, but we are looking at two sectors. Whether it will be in the power over land, if it is in the field of land (it will cover) only mainland and where the offshore, you cannot do anything.

“But if it covers up the whole thing that is related to the ordinance of available mineral resources, I am confident that this will further empower the state government. I hope that YB Tambunan can provide support when I present this ordinance,” he quipped.

Shafie will also lead the pursuit of Sabah’s 40% oil net revenue owed by the federal government to the state as stated in the Malaysia Agreement 1963 (MA63) and Schedule 10, Article 112 of the Federal Constitution.

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