December 11, 2016
Dateline 2016-10-30, Borneo Post:
ON June 22, 2012, Sarawak and Sabah lost their sovereign rights and jurisdiction over the area of the Continental Shelf, consisting of the seabed and its subsoil beneath the high seas contiguous to the territorial waters of the Borneo states, when Territorial Sea Act 2012 (TSA) came into effect, limiting both their jurisdictions to three nautical miles (5.5 km) from the coastline.
The implication is that with the reduced breadth limits of its territorial waters, the state’s rights to fisheries, marine and mineral resources, tourism sites in marine areas and so forth are now confined to only 3 nautical miles (5.56 km) from its coastline.
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Malaysia, Malaysian election, oil and gas | Tagged: Petronas, Sabah, Sarawak |
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Posted by Wata
December 1, 2016
Dateline 2016-10-21, Yahoo! (yodel it):
Malaysian state oil company Petroliam Nasional Berhad will pay the government a dividend of 13 billion ringgit ($3.11 billion) next year, lower than 2016 levels, the country’s second finance minister Johari Abdul Ghani said on Friday.
Petronas, as the company is known, has said it will pay 16 billion ringgit to the government this year.
Addressing reporters after tabling the country’s 2017 budget, Johari also the budget was based on an oil price assumption of $45 a barrel.
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Malaysia, Malaysian election, oil and gas | Tagged: Johari Abdul Ghani, Petronas |
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Posted by Wata
November 17, 2016
Must be time to prep for the General Election.
Dateline 2016-09-29, FMT:
A Terengganu lawmaker, inspired by Sarawak’s push for a larger share of oil and gas royalties, is embarking on a signature drive to get his state a better deal for its resources.
Speaking to FMT, Batu Burok Assemblyman Syed Azman Ahmad said Terengganu needed to emulate Sarawak and beckon the Federal Government and Petronas to the discussion table.
Sarawak’s push for greater state rights, especially those pertaining to oil and gas, has been a cornerstone of Adenan Satem’s tenure as Chief Minister of the state.
Syed Azman said Terengganu had been shortchanged since 2000, when the five per cent oil royalty it used to get was withdrawn and replaced with the so-called “wang ehsan” provided by Putrajaya.
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investment, Malaysia, Malaysian election | Tagged: Petronas, Syed Azman Ahmad, terengganu |
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Posted by Wata
October 14, 2016
Dateline 2016-08-28, FMT:
The Sabah state government has been urged to urgently negotiate with the Federal Government and Petronas for the same type of concessions obtained by Sarawak.
Melanie Chia, deputy president of Sabah Progressive Party (SAPP), said Sabah should also demand that a Sabahan be appointed to the Petronas board of directors, ensure more Sabahans are employed at all levels and the state allowed to take part in production sharing contracts.
Her statement came in response to Sarawak Chief Minister Adenan Satem’s announcement yesterday of an agreement with the Federal Government and Petronas on seven major issues.
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investment, Malaysia, Malaysian election | Tagged: Melanie Chia, SAPP |
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Posted by Wata
September 30, 2016
PETRONAS staff in Sarawak, do you feel dumped?
Dateline 2016-08-17, Malay Mail:
Reports that Petronas will deploy 90 workers from the peninsula to Sarawak amid a discrimination row there was greeted angrily by Deputy Chief Minister Tan Sri James Masing.
Talks are ongoing between the state and the state oil firm over its alleged discrimination against Sarawakians, after 13 state natives lost their jobs in a restructuring exercise.
“Why does Petronas need 90 work permits when local Sarawakians in Petronas are being retrenched? Is Petronas doing the restructuring of its employees for trimming exercise due to the economic downturn, or are they replacing Sarawakians with West Malaysians? Is it retrenching or replacing or exercise?
“Petronas, please be transparent with us. We are not your dumping ground for peninsula employees,” he was quoted as saying by local news portal the Borneo Post.
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Malaysia, Malaysian election, oil and gas | Tagged: James Masing, Petronas |
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Posted by Wata
September 24, 2016
We look forward to an election right after this is all resolved.
Dateline 2016-08-12, Malay Mail:
The renewed demands by Sabah and Sarawak for oil royalties and greater devolution of powers is prompted by the federal government’s growing influence rather than any perceived vulnerability, said state leaders and analysts.
Despite controversies linked to Putrajaya, they said the federal government’s powers have not been reduced, which required both east Malaysian states to be more vocal in demanding a return of the rights they said were due to them according to the Malaysia Agreement 1963.
“It has nothing to do with Putrajaya being weak or strong,” Sarawak Deputy Chief Minister Tan Sri Dr James Masing told Malay Mail Online.
“Sarawak is led by the leader (Tan Sri Adenan Satem) who finally realises that we have been short-changed all this while,” Parti Rakyat Sarawak (PRS) president said while declining to state who has short-changed Sarawak.
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Malaysia, Malaysian election, oil and gas | Tagged: James Masing, Sabah, Sarawak |
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Posted by Wata
September 22, 2016
Are they saying the PETRONAS does kakistocracy?
Dateline 2016-08-11, Borneo Post:
Suarah Petroleum Group (SPG) said national oil corporation Petronas had forgotten its role and Sarawak’s sacrifice in making it a Fortune 500 company while its employment records contrasted sharply with its claims of meritocracy.
Speaking on behalf of SPG, its media communications officer Yusuf Abdul Rahman said Petronas’ claims that it’s latest manpower restructuring exercise was based on merit were off the mark and that there were plenty of qualified Sarawakians around.
He said Petronas owed a big chunk of its success to Sarawak; since its inception to a multi-national corporation listed in Fortune 500.
“Sarawakians are not asking or begging for jobs which they don’t deserve. All Sarawakians want is a fair chance. If that is denied to them because of pro-West Malaysian Petronas bias, then it has to answer to the state,” he said.
He accused Petronas in its quest to become a multi-national corporation of having forgotten its role as a national oil company and that citing meritocracy was only an excuse.
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Malaysia, Malaysian election | Tagged: Petronas, Suarah Petroleum Group, Yusuf Abdul Rahman |
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Posted by Wata
September 11, 2016
I presume ‘foreigners’ means non-Sabahans?
Dateline 2016-08-09, The Malay Mail:
National oil giant Petronas is not giving priority to foreigners over Sabahans as claimed, as the firm had already been asked from the very beginning to consider the state residents first for jobs, Sabah Chief Minister Datuk Seri Musa Aman has said.
Musa said he had requested that Petronas fill up high-ranking positions in the company with Sabahans first, but noted that Sabah itself lack workers who have the skills required for the oil and gas industry.
“This includes to fill in the job vacancies and in fact many local youths are employed there in the two projects. I have also asked Petronas to also give priority to Sabahans for high level posts, not only rank and file.
“But I admit that we lack skilled workers in this sector and in view of this I have asked that our youths be given training so that they can obtain a degree and be employed to fill in these vacancies,” he was quoted saying at the state legislative assembly by local daily The Borneo Post’s portal.
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Malaysia, Malaysian election, oil and gas | Tagged: Musa Aman, Petronas, Sabah |
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Posted by Wata
September 4, 2016
How the whole thing started.
Dateline 2016-08-04, FMT:
The Suarah Petroleum Group (SPG), a Sarawakian non-profit organisation, wants Petronas to prioritise Sarawakians in filling vacancies in the oil company’s operations in the state.
According to a Borneo Post Online report, SPG president Hamin Yusuf said the retrenchment of 13 experienced Sarawakian staff in an upstream restructuring exercise, reflected a ‘quick fix’ mentality of Petronas’ management, as they could have been re-skilled.
“Petronas’ policy towards the state seems to reflect a lack of sensitivity and reality to the local job market and employment of locals.
“As recently as two months ago, 85 positions in Malaysia Liquid Natural Gas in Bintulu were filled mostly by Peninsular Malaysians under the pretext of ‘redeployment’”.
Hamin said these positions were mostly entry-level positions or junior managerial positions which could have easily been filled by jobless Sarawakian graduates.
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Malaysia, Malaysian election, oil and gas | Tagged: Hamin Yusuf, SPG, Suarah Petroleum Group |
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Posted by Wata