Rafizi cautions against hasty Petronas–Petros deal


Dateline 2025-08-04, Business Times:

Talks on gas resource rights between Petroliam Nasional Bhd and Petroleum Sarawak Bhd (Petros) should be conducted meticulously, former economy minister Rafizi Ramli said.

Rafizi said any oversight in the negotiations could have serious repercussions on the overall economy.

He said if Sarawak’s claims to gas resources are accepted without considering the existing overall financial structure, Petronas risks losing between RM15 billion and RM20 billion annually.

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This entry was posted on Tuesday, August 12th, 2025 at 8:30 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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