Sabah politician urges Dr M to also review “unfair” oil royalty aside from water issue with Singapore


Dateline 2019-03-07, The Independent:

With Malaysian Prime Minister Dr Tun Mahathir Mohamad pressing for an increase in what he considers to be an unfair water price that Singapore pays for water from Malaysia, another Malaysian official is speaking out about a similar situation—this time with regards to the oil royalty agreement with the government of Sabah.
According to Jamawi, the 1976 Petroleum Agreement between Petronas and the government of Sabah is not aligned anymore with the state’s present needs.
The Assemblyman further said that Dr Mahathir has given voice to the dissatisfaction of Malaysia’s government with the current water agreement with Singapore.

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This entry was posted on Saturday, April 6th, 2019 at 6:26 am and is filed under oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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