Sabah pipeline row: Get your facts right, says Ongkili

August 13, 2018

Dateline 2018-06-10, FMT:

A former federal energy minister, Maximus Ongkili, has criticised Sabah DAP for making wild accusations about the Trans Sabah Gas Pipeline project recently highlighted for allegedly dubious financial transactions.

Ongkili hit out at state DAP secretary Chan Foong Hin for making comments on the issue without having enough facts to support his statement.

“Get your facts right first (and) do justice to your MP job,” he said. Chan is the MP for Kota Kinabalu.

“Obviously he does not know about the Kimanis-Sandakan pipeline project,” said Ongkili, accusing Chan of political immaturity and DAP leaders of being “political novices in government”.

…

Leave a Comment » | Malaysia, oil and gas | Tagged: , , | Permalink
Posted by Wata

Musa wants state AG to intervene in Petronas’ oil claim

August 12, 2018

Dateline 2018-006-10, FMT:

Sabah Barisan Nasional chairman Musa Aman says he will instruct the state attorney-general to make an application for the state government to intervene in Petronas’ legal bid to claim ownership over the country’s petroleum resources.

Musa, who signed off as the chief minister, said in a statement that this was to safeguard Sabah’s oil and mineral resources.

“We will deploy all available resources of the state government to ensure that the best interest of Sabah is defended always,” he said.

Petronas is seeking a Federal Court declaration that, among others, that based on the Petroleum Development Act, 1974, it effectively has the exclusive authority over all petroleum activities in Malaysia.

…

Leave a Comment » | Malaysia, oil and gas | Tagged: , | Permalink
Posted by Wata

Diving: Tenggol 2018-04 Pt 1 of 3

August 8, 2018
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA

Leave a Comment » | diving | Tagged: | Permalink
Posted by Wata

ChemECar 2018-07 Pt 2 of 2

August 1, 2018
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA

Leave a Comment » | engineering | Permalink
Posted by Wata

ChemECar 2018-07 Pt 1 of 2

July 25, 2018
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA

Leave a Comment » | engineering | Permalink
Posted by Wata

Laws covering oil and gas industry in Sarawak upstream and downstream

July 24, 2018

Dateline 2018-07-10, Borneo Post:

Constitutional position

Sarawak boundaries

Article 1(3) FC stipulates that territory of Sarawak would be the territory immediately before Malaysia Day and Sarawak’s boundaries shall not be altered except by a law passed by the State Legislature.

State legislative powers to issue permits and licenses for prospecting for mines; mining leases and certificates. Sarawak government and not federal Parliament or the federal government has the executive powers to issue such permits, licenses or leases for petroleum exploration, prospecting or mining.

…

Leave a Comment » | investment, Malaysia | Tagged: | Permalink
Posted by Wata

The PETRONAS-Sarawak oil intrigue

July 23, 2018

Dateline 2018-06-09, The Star:

SIX DAYS after former prime minister Datuk Seri Najib Tun Razak announced the dissolution of Parliament, Petroliam Nasional Bhd (Petronas) received a letter from the Attorney General (AG) of Sarawak, which it knew it had to act on.

The letter effectively aimed to relieve Petronas as the undisputed guardian of oil and gas (O&G) resources in Malaysia and its powers to be shared with the state government-owned Petroleum Sarawak Bhd (Petros).

Officials familiar with the matter say the biggest fear for Petronas was that its role as the authority for any O&G exploration works would be compromised not because of inadequate laws, but the weak political strength of the federal government.

…

Leave a Comment » | investment, Malaysia | Tagged: | Permalink
Posted by Wata

Petronas oil claim: Seek ‘win-win’ solution for all

July 22, 2018

Dateline 2018-07-08, FMT:

Suarah Petroleum Group views the current developments in Sarawak oil and gas issues with great concern. Being an active contributor in this journey in redressing oil and gas equity and revenue for Sarawak, we call on all parties for clear heads to prevail and ask them to reduce the political “one-upmanship” between Sarawak and the newly elected federal government.

We also reiterate our mission to provide professional advice and services to maximise Sarawak’s socio-economic benefit and safeguard its rights in the oil and gas industry for its present and future generations.

…

Leave a Comment » | investment, Malaysia | Tagged: | Permalink
Posted by Wata

Sabah will pursue 20% oil royalty demand, assures Shafie

July 21, 2018

Dateline 2018-07-07, FMT:

Sabah Chief Minister Shafie Apdal has maintained that the state will work on its demand for 20% oil royalty from the federal government in line with his party’s manifesto for the recent general election.

“What we’ve spelled out in the manifesto, our 20% oil royalty, we’ll pursue it,” the Parti Warisan Sabah president said on the sidelines of an event here today.

Shafie had said on April 27, while launching the party’s 13-point manifesto, that Warisan would ensure the oil royalty due to the state increased from the current 5% to at least 20% if it won the state in the polls.

…

Leave a Comment » | engineering | Tagged: , | Permalink
Posted by Wata

Malaysia investigates Chinese gas pipeline deals for fraud, possible corruption

July 20, 2018

Dateline 2018-06-07, Taiwan News:

Malaysia’s Anti-Corruption Commission has begun an investigation into two gas pipeline projects contracted to a Chinese company on suspicion of fraud and violation of contract terms.

Malaysia’s Finance Minister, Lim Guan Eng will head to Beijing to discuss the deals and other infrastructure projects with a mandate to potentially terminate some of the agreements, according to the Nikkei Asian Review.

Lim said that it was “highly suspicious” that around 88 percent of the cost of the two pipeline projects had been paid to the China Petroleum Pipeline Bureau (CPPB), despite only 13 percent of the work being done.

The Finance Ministry also alleges that the awarding of the contract did not follow protocol, leading to a case being filed by Malaysia’s Anti-Corruption Commission.

…

Leave a Comment » | engineering | Tagged: , | Permalink
Posted by Wata

« Previous Entries
Next Entries »