Husam says submitting four O&G-related proposals on Kelantan economic development to PM

October 24, 2020

Dateline 2020-09-20, Malay Mail:

Parti Amanah Negara’s Datuk Husam Musa said he will submit four proposals on Kelantan’s economic development related to the oil and gas (O&G) industry to Prime Minister Tan Sri Muhyiddin Yassin.

Husam, who is Kota Baru Amanah chief and adviser to the party, said the proposals that will be sent following the conclusion to the Sabah state election, were previously submitted to former prime minister Tun Dr Mahathir Mohamad by way of four letters last year.

“Even though Kelantan is under the leadership of PAS, I as a senator have written at least four letters to Dr Mahathir in an effort to further improve Kelantan’s economy.

“God willing these proposals will be submitted after the Sabah state election. If before this I have not copied to the state government, it will be sent to the mentri besar this time,” he was quoted as saying by Sinar Harian.

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Sarawak Petroleum Contractors Association advises Miri residents to avoid Canada Hills

October 23, 2020

I posit an alternate theory that this is where the lizard men will emerge from Tarzan’s land at the center of the earth (be well read on the originals, people).

Dateline 2020-09-18, Malay Mail:

The Sarawak Petroleum Contractors Association (SPECA) has asked Miri residents not to enter abandoned oil well sites for their own safety as one location around Canada Hill in the city is believed to be emitting gas.

Its president, Datuk Rahman Lariwoo today said this was because members of the public had found a hole foaming, believed to be leaking liquefied natural gas at one of the sites of an abandoned oil well in the area recently.

“Actually, the discovery does not show that there are still sources of oil and gas around Miri city but it is probably a leakage from the waste materials of an abandoned oil well and is hazardous to the public,” he said during a press conference here.

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No way Sabah, Sarawak can get 20% oil royalty from govt, says Bung

October 22, 2020

Dateline 2020-09-17, FMT:

Sabah Barisan Nasional election chief Bung Moktar Radin doesn’t understand why Pakatan Harapan has pledged to increase the oil royalty payment for Sabah and Sarawak to 20%, claiming it could not be done.

Bung said increasing the oil royalty for the states was not easy as it involved pre-existing agreements with oil corporations, including international ones.

“We have done our research on the Malaysia Agreement 1963 on oil royalty and there is no way we can get the 20% from the federal government,” he told reporters after a ceramah in this interior Sabah district today.

“The agreement was signed after our independence with international corporations, including big firms from outside the country.

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Petronas pays over 2bn ringgit in sales tax to Sarawak

October 21, 2020

If TSWZ stepped down due to “fighting demands”, what does that say of the current leadership?

Dateline 2020-09-18, Argus:

Malaysia’s state-owned Petronas has paid the country’s Sarawak state over 2bn ringgit ($480mn) in sales taxes on oil products for 2019, putting a dent in the oil firm’s coffers just weeks after it posted a 21bn ringgit loss for April-June.

“The payment represents Petronas’ full and final settlement for the sales tax for the year 2019 and is evidence of Petronas’ commitment towards achieving a commercial resolution,” the company said. “The payment for year 2020 will be made upon assessments by the Sarawak Comptroller of State Sales Tax.”

The move follows a long dispute that led to Petronas’ former chief executive Wan Zulkiflee Wan Ariffin stepping down after fighting demands by Sarawak, the country’s biggest oil-producing state, for additional tax payments.

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Sarawak to finally receive SST cheque from Petronas tomorrow

October 20, 2020

Apparently, they were still waiting.

Dateline 2020-09-16, Malay Mail:

Sarawak’s endeavour to reclaim its rights on its oil and gas resources will reach a milestone tomorrow with Petroliam Nasional Berhad (Petronas) finally handing over a cheque to the state government for the State Sales Tax (SST).

According to a media invite from the Chief Minister’s Office today, Chief Minister Datuk Patinggi Abang Johari Tun Openg will receive the cheque from Petronas at Wisma Bapa Malaysia here at 4pm.

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Sarawak to finally receive SST cheque from Petronas tomorrow

October 19, 2020

Will the check bounce?

Dateline 2020-09-16, Malay Mail:

Sarawak’s endeavour to reclaim its rights on its oil and gas resources will reach a milestone tomorrow with Petroliam Nasional Berhad (Petronas) finally handing over a cheque to the state government for the State Sales Tax (SST).

According to a media invite from the Chief Minister’s Office today, Chief Minister Datuk Patinggi Abang Johari Tun Openg will receive the cheque from Petronas at Wisma Bapa Malaysia here at 4pm.

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Malaysia is burning more coal now than it did 20 years ago

October 18, 2020

We didn’t have Netflix 20 years ago, did we? And if we don’t build more power plants under the current energy framework, then we don’t get to watch the League games, init?

Dateline 2020-09-15, The Star:

Sahabat Alam Malaysia refers to Mangai Balasegaram’s recent columns in StarLifestyle about Malaysia’s coal-fired power plants, and wish to express our wholehearted support for her call to stop building more of them (online at bit.ly/star_coal1 and bit.ly/star_coal2).

In the interest of mitigating the climate crisis, we urge the Malaysian government to halt the country’s reliance on coal as a energy source and urgently expedite efforts to reform the energy sector towards renewable energy and away from a dependence on greenhouse gas-emitting fossil fuels.

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Sarawak Petroleum Contractors Association plans talks with Petronas

October 17, 2020

What, as if they don’t get priority now?

Dateline 2020-09-14, Malay Mail:

The Sarawak Petroleum Contractors Association (Speca) is expected to start talks with Petroliam Nasional Bhd (Petronas) to give priority to oil and gas contractors from the state this November.

Its president, Datuk Rahman Lariwoo, today said this was because the association had received a letter from the Registrar of Societies (ROS) confirming that it had already approved the registration of SPECA.

“The letter is dated Aug 19, 2020, officially this organisation has been approved (its registration with ROS). After this we want to meet with the top management of Petronas to give us more opportunities (to get contracts),” he told a press conference at Wisma Bapa Malaysia, Petra Jaya, here.

He said the association would invite the top management of Petronas to Sarawak to attend the launching ceremony of the association in November.

“If they (Petronas top management) can’t come, we will go there (Kuala Lumpur) to meet and discuss with them,” he said.

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PDA 1974 should be rejected as revenue derived from O&G to S’wak is insufficient – Rayong

October 16, 2020

Dateline 2020-09-13, Borneo Post:

The Petroleum Development Act 1974 (PDA 1974) should be rejected as the revenue derived from oil and gas (O&G) resources to the state was considerably insufficient, said Parti Sarawak Bersatu (PSB) Youth chief Dr Johnical Rayong Ngipa.

“We assessed the annual sale value of oil and gas resources from Sarawak at normal time could reach at least RM70 billion, almost exceeding 30 per cent of the total annual operating revenue of Petroliam Nasional Berhad (Petronas),” said Rayong during a PSB seminar on Malaysia Agreement 1963, PDA 1974 and Native Customary Rights land at a restaurant in Crown Square here today.

Rayong pointed out the state only received about RM3 to RM3.5 billion in its five per cent annual royalty from oil and gas resources and another RM3 billion from the five per cent state sales tax imposed on petroleum products in 2019.

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Shout Out – IECEx 2020-10

October 15, 2020

IEM invites you (yes, YOU!) to the IECEx National Virtual Conference 2020, 20th October (Tuesday) 8.30am to 5pm. Contact alex.looi@live.com.my, valli@iem.org.my or sitiaisyah@iem.org.my

IECEx BrochureDownload

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