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”.
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Malaysia, oil and gas | Tagged: Maximus Ongkili, Sabah, Trans Sabah Gas Pipeline |
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Posted by Wata
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.
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Malaysia, oil and gas | Tagged: Musa Aman, Sabah |
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Posted by Wata
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.
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investment, Malaysia | Tagged: Sarawak |
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Posted by Wata
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.
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investment, Malaysia | Tagged: Sarawak |
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Posted by Wata
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.
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investment, Malaysia | Tagged: Suarah Petroleum Group |
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Posted by Wata
July 19, 2018
Dateline 2018-06-07, Malay Mail:
Putrajaya has agreed to pay royalties to all oil-producing states, Terengganu MB Ahmad Samsuri Mokhtar said today.
He said the assurance was given by Prime Minister Tun Dr Mahathir Mohamad during the first National Finance Council meeting under the Pakatan Harapan (PH) government here earlier that was also attended by Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail and the mentris besar of Kelantan, Perak, and Johor as well as the secretaries-general of ministries.
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investment, Malaysia, oil and gas | Tagged: Ahmad Samsuri Mokhtar, Mahathir |
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Posted by Wata
July 17, 2018
Dateline 2018-06-13, Borneo Post:
Sapura Energy Bhd (Sapura Energy) and partners Sarawak Shell Bhd (Sarawak Shell) and Petronas Carigali Sdn Bhd’s (Petronas Carigali) ninth gas discovery offshore Sarawak is expected by analysts to further enhance the viability of the SK408 project cluster by leveraging on the common infrastructure, pipelines and facilities .
In a filing on Bursa Malaysia, Sapura Energy through wholly-owned subsidiary, Sapura Exploration and Production (Sarawak) Inc (Sapura E&P) and the group’s partners Sarawak Shell and Petronas Carigal announced its ninth gas discovery offshore Sarawak, following the completion of its 2017 drilling campaign within the SK408 Production Sharing Contract (PSC).
Sapura Energy announced that the Pepulut-1 exploration well located offshore Bintulu, Sarawak in Block SK408 was drilled and encountered high quality reservoir.
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Malaysia, oil and gas | Tagged: PCSB, Sapura Energy, Sarawak Shell, SK408 |
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Posted by Wata
July 15, 2018
Dateline 2018-06-13, The Sun:
Gas Malaysia Bhd has announced a higher average effective natural gas tariff for the non-power sector in Peninsular Malaysia at RM32.69/MMBtu from July 1 to Dec 31, 2018, 17 sen or 0.5% higher than the RM32.52/MMBtu from Jan 1 to June 30, 2018.
It said in a filing with the stock exchange that the average natural gas base tariff is set at RM31.92/MMBtu for the second half of the year. However, under the gas cost pass through (GCPT) mechanism, a surcharge of 77 sen/MMBtu will apply to all tariff categories due to the higher actual gas costs against the reference gas costs in the base tariff.
The natural gas tariff revision was approved by the government via a letter from the Energy Commission dated June 12.
For Category A (Residential), the effective tariff rate, however, fell 0.5% to RM23.80/MMBtu from RM23.92/MMBtu. For the other categories, the effective tariff rate will range from RM30.50/MMBtu to RM33.32/MMBtu.
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Malaysia, oil and gas | Tagged: Gas Malaysia |
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Posted by Wata
July 14, 2018
Dateline 2018-06-06, NST:
Sarawak Pakatan Harapan has urged the state government to amend the Petroleum Development Act 1974 (PDA).
Its chairman Chong Chieng Jen said if this was not done, the ownership and control of oil and gas industry in Sarawak would remain with Petroliam Nasional Bhd (Petronas).
He said the Chief Minister Datuk Patinggi Abang Johari Abang Openg had refused to do so and insisted that PDA was irrelevant in Sarawak.
“He (Abang Johari) has been saying the PDA is irrelevant and claimed that the state has the full regulatory authority over the upstream and downstream aspects of the oil and gas industry, with the establishment of the Petroleum Sarawak Berhad (Petros).
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Malaysia, Malaysian election, oil and gas | Tagged: Abang Johari Openg, Chong Chieng Jen, PDA, PETROS |
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Posted by Wata
July 12, 2018
Oo, does that mean we will have ‘Malay’ and ‘Sia Republic’?
Dateline 2018-06-06, FMT:
Parti Solidariti Tanah Airku (STAR) president Jeffrey Kitingan today warned that any court ruling favouring Petronas in the matter of petroleum resources ownership could signal “the end” of Malaysia.
“If the federal government insists on this, we will go back to the basis of the formation of Malaysia.
“What do they want to do? Break up Malaysia? This is a big case, and I am surprised the state government is not saying anything about it,” he told reporters after attending the annual Double Six memorial day here.
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Malaysia, Malaysian election, oil and gas | Tagged: Jeffrey Kitingan, star |
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Posted by Wata