Petikan dari ‘Pantang di Cabar’

December 17, 2014

Tentang azam politik:

Walaupun Malaysia merupakan Negara penghasil bijih timah dan getah yang utama di dunia, pasaran Pertukaran Antarabangsa bagi kedua-dua bahan mentah ini duduknya di London. Pada tahun-tahun 60-an, semasa gasolin telah lama menggantikan arang batu sebagai sumber tenaga, Malaysia pada asasnya masih melaksanakan ekonomi sumber utama

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Extract from “The Will to Compete” – The Recruitment Drive

December 6, 2014

Thanks to you, the readers, I have sold out of Young Turks (plus my own personal autographed copy, anyone want to send that back to me?)

PETRONAS Board began its headhunting and recruiting in November 1974. Senior Officers and Management Trainees report for duty as early as December 1974. These officers were left to fend for themselves. The only guideline they could get was the speech delivered by th DYMM Yang Di Pertuan Agong when the Malaysian King introduced the Petroleum Development Act 1944 for debate in the Malaysian Parliament.

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Extract from “Young Turks” – Know How

November 3, 2014

The reason is that they have technical know-how. That was something we did not have. We thought, if we just give them the oil field, we will always need them because we cannot do it ourselves. We decided that along the way, we must design a policy that allows the transfer of technology to Malaysian companies while they are still producing the oil.

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Extract from “Young Turks” – Carigali

September 7, 2014

Formation of Carigali:

Carigali was formed in 1978. This is how PETRONAS spent the money collected from the multinational oil companies, after paying taxes and dividends to the government of course

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Petikan dari ‘Pantang di Cabar’

August 10, 2014

Tentang kelalaian yang merugikan:

..

Penjualan minyak di stesen kesemuanya secara tunai. Justeru apabila sesebuah stesen membuat pesanan untuk mendapat stok seterusnya dari Depoh mereka dikehendaki membayar secara tunai juga. Selalunya mereka mengemukakan ‘Draf Bank’ bersama borang pesanan pembelian sebelum stok yang dikehendaki boleh dihantar ke stesen masing-masing. Setiap pesanan sesebuah muatan lori tanker berharga diantara 25 hingga 30 ribu Ringgit. Sesetengah stesen memerlukan hantaran dua tiga lori sehari. Ini menyebabkan  kelewatan untuk mendapat ‘Draf Bank’ sebagai bayaran tunai sehingga stesen-stesen berkenaan selalu keputusan bekalan lalu menjejaskan nama baik PETRONAS.

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Extract from “Young Turks” – Legacy for the Future

July 20, 2014

Predictions when we run dry:

In the early days, the Task Force conceded to the oil companies’ conclusion that the crude oil reserves for Malaysia could meaningfully last only for 14 years should no further new discoveries be made. Anticipating an explosive growth in domestic consumption on account of industrialization and modernization, it was possible for Malaysia to become crude oil importers within ten years.

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Extract from “Pantang di Cabar”

June 8, 2014

Describing the open market:

“Hampir semua Syarikat Minyak Nasional (SMN) merata dunia memilih alasan nasionalisasi untuk mengambil alih pemasaran bahan petroleum dalaman negara masing-masing. Para Perintis turut tertarik dengan jalan yang mudah ini. Namun, mereka akur kepada kehendak Tun Abdul Razak, Perdana Menteri Malaysia Kedua.

…”

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