Dateline 2018-02-15, FMT:
The Sarawak Chief Minister’s Office has denied a posting on social media that cited Chief Minister Abang Johari Openg purportedly giving an ultimatum to Petronas.
“The office wishes to clarify that the chief minister has never issued such an ultimatum to Petronas though the onus is on Petronas to comply with the state law like any other companies with prospecting and mining interests in Sarawak.
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Dateline 2018-02-13, Nasdaq:
The Malaysian prime minister’s office on Tuesday re-appointed Wan Zulkiflee Wan Ariffin as the chief executive officer of state energy firm Petroliam Nasional Bhd, or Petronas, for a second three-year term.
Wan Zulkiflee’s reappointment is seen as a vote of confidence in the company’s and his performance after presiding over a period of low energy prices. He was first appointed CEO in April 2015.
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Dateline 2018-01-17, The Sun:
Kenanga Research is of the view that the Third Party Access (TPA) system, which took effect yesterday, will not be a drag on Petronas Gas Bhd’s (PetGas) earnings, given that the company is purely a transporter and processor and is not involved in gas supply.
In any case, the research house said, TPA will only affect PetGas’ parent company, Petroliam Nasional Bhd (Petronas) and Gas Malaysia Bhd.
On Monday, PetGas announced that the Energy Commission had confirmed the current tariff for the Peninsular Gas Utilisation System, Regasification Terminal Sungai Udang and Regasification Terminal Pengerang will be maintained until the end of this year.
At the same time, the company said it is in full compliance with the technical and operational provisions of the TPA system, which allows any party to have access to gas facilities available.
Kenanga Research said the news was not a surprise, given the management indication earlier that the new tariff structure is likely to be delayed as the authority needs more time to come out with a feasible framework to ensure the stability of the fee structure.
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Dateline 2018-02-09, The Malaysian Insight:
CHIEF Minister Abang Johari Openg has given another hint that Sarawak will muscle in to claim more revenue from oil and gas for its coffers.
“I already have ideas (on generating more income), but I cannot reveal them today,” said Abang Johari, who is also president of Parti Pesaka Bumiputera Bersatu (PBB), the second-largest party in the ruling Barisan Nasional coalition, when jointly opening the PBB Women and Youth wings’ triennial delegates’ conference in Kuching today.
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My technical division will be hosting a visit on the 5th April, 2018.
As a global leader in premium coated steel products, BlueScope is an unsurpassed and trusted brand in meeting engineering needs of the challenging building and construction industry with more than 100 facilities in 17 countries. Our strong partnerships and networks are built on BlueScope’s great product brands of coated steel, namely COLORBOND®, TRUECORE® and ZINCALUME® steel. In ensuring the premium quality of our product, stringent tests are conducted regularly for all our products prior to introducing it to the market. Our products are made to meet high Australian standard using cutting edges steel manufacturing technologies. This technical visit allows visitors to understand about the whole production process, testing process and also how BlueScope’s proprietary formula make our product stay strong and beautiful after years.
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Shucks, I had a gamma ray chamber all set up, and Dr. Horrible was going to preside the opening.
Dateline 2018-02-08, Malaysian Reserve:
Malaysia is unlikely to put into motion any concrete plans to build the country’s first two nuclear power plants before 2030.
Minister in the Prime Minister’s Department Datuk Seri Nancy Shukri said the government is not expected to commit to the 2030 target due to the complexity of the issue and the need for a detailed study before such implementations.
“We also do not want to panic the public. At the same time, the government wants to learn more (about the technology) before embarking on it,” she told The Malaysian Reserve in a recent interview.
Malaysia had initially planned to commission the country’s first and second nuclear plants in 2021 and 2022 respectively, as outlined under the Economic Transformation Programme.
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Happy post SPM survival week. IGL has pivoted into training, so book your seats now.
We’re thinking of republishing Young Turks of PETRONAS, but it’s a minimum 500 book printing run. Do I have enough interested persons to purchase?
Donate to your favorite charity (me), buy my recommendations, or through my Amazon store. Or get the Young Turks series (3 books until I can get YTP republished). Where are those corporate sponsors? Or throw donations at me, my camera dive case flooded, and I need a new replacement. Heck, if you want to send me a Canon 5D Mk III plus dive case, I will not say no.
Food choice of the week? I’ll think about it.
This week, may I suggest you have a peek at Dakwah Corner? They have branches in Subang Parade, PJ Section 14, Ampang Park (okay, forget about the Ampang Park branch)
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Darn it, I missed the boat.
Dateline 2018-02-04, The Sun Daily:
The Energy Commission (EC) has processed two liquefied natural gas (LNG) import licences and three shipping licences under the third party access (TPA) system which comes into effect on Jan 16, 2018.
Director of Gas Development and Regulation Roslee Esman said another firmed application for both LNG import and shipping licences was expected to be submitted in the third quarter.
Meanwhile, the TPA for natural gas is a system that makes it possible for third parties to access gas facilities that they do not own or operate.
Roslee said the Gas Supply Act (Amendment) 2016 and the introduction of the TPA provided more opportunities for industry players to participate.
“The EC encourages more suppliers (LNG import and shipping licensees) to apply for the licence but the market can be considered as being competitive once two or more shipping licensees participate in the market,” he told Bernama.
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Dateline 2018-01-30, Malay Mail Online:
The Sarawak state government said it will exert its mining rights, including oil mining, despite Petronas having the legal right to explore and mine for petroleum in state territorial waters.
Sarawak Chief Minister Datuk Patinggi Abang Johari Openg said mining was part of the rights of Sarawak enshrined in the Federal Constitution.
He said the state government has also directed Petronas to consult the state on the utilisation of gas from any new fields.
“This is to ensure that Sarawak has the first right of refusal in using the new sources of gas for the development of our oil and gas industries as well as the development of other industries in Sarawak,” he said in his speech at the special sitting to mark the 150th anniversary of the state legislative assembly.
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Wata - Malaysian Oil and Gas Engineer 