Sarawak CM claims Petronas told to withdraw court appeal against paying sales tax

July 8, 2020

Dateline 2020-06-12, Malay Mail:

Putrajaya has directed national oil company Petronas not to proceed with its appeal after losing a court case and being ordered to pay Sarawak the sales tax amounting to RM2.8 billion, Chief Minister Datuk Abang Johari Openg said today.

He said Petronas had filed an appeal of the High Court’s decision on the application for a judicial review against the imposition of the Sarawak Sales Tax on the import of petroleum products before the change of the federal government from Pakatan Harapan (PH) to Perikatan Nasional (PN).

Sarawak has new formula for oil revenue-sharing, says CM

November 24, 2019

Dateline 2019-09-28, FMT:

The Sarawak government says it has a new formula on revenue-sharing with Petronas in a bid to recover its losses from royalties on natural gas and crude oil obtained from within its waters.

Chief Minister Abang Johari Openg said the new formula had been submitted to the federal government.

He said he was aware that government-owned Petronas is also an international company but that did not mean that the company could deprive the state of its revenue.

Sarawak govt to take Petronas to court if 5pc sale tax not paid

November 23, 2019


Dateline 2019-09-29, Malay Mail:

Sarawak Chief Minister Datuk Patinggi Abang Johari Openg today said the state government is prepared to go to court to get its share of revenue from Petroliam Nasional Berhad (Petronas), if the oil company does not pay the 5 per cent sales tax on the export of petroleum and petroleum products.

He said the state is within its rights to receive the share as enshrined under the Malaysia Agreement (MA63) and the Federal Constitution.

About half of new gas resources to be kept as feedstock, says Sarawak CM

November 12, 2019

Dateline 2019-09-11, FMT:

About 40℅ to 50% of new findings of gas resources in Sarawak must be retained as feedstock for gas- related industries in the state, Sarawak Chief Minister Abang Johari Openg said today.

He said this was to ensure Sarawak had sufficient gas feedstock to drive downstream activities of the natural gas industries in Sarawak, particularly the petrochemical industries.

Abang Johari announced this during the launch of Sarawak’s first methanol plant – Sarawak Petchem – at Tanjung Kidurong in Bintulu here, today.


Exit Malaysia, GPS urged after data on Sarawak oil and gas reserves denied

November 4, 2019

Dateline 2019-08-27, FMT:

Petronas has no right to keep the Sarawak government in the dark about the amount of oil and gas reserves in Sarawak, Parti Bumi Kenyalang president Voon Lee Shan said.

He said this following Sarawak Chief Minister Abang Johari Openg’s claim that Petronas had refused to disclose any data or information on the state’s oil and gas reserve to the state government.

Standing firm over oil and gas

December 7, 2018

Dateline 2018-10-14, Borneo Post:

Chief Minister Datuk Patinggi Abang Johari Tun Openg has reiterated that Sarawak will not compromise on regulatory rights over its oil and gas activities.
He said the state had amended its Oil Mining Ordinance (OMO) 1958 to further strengthen the regulatory rights over oil and gas activities in Sarawak.
“I would like to assure you once again that we will not compromise on the issue of Sarawak oil and gas. The oil and gas are ours and the OMO 1958 gave us full control over oil and gas in our state.
“Other parties (industry players) can develop our resources and our gas but they cannot do so if they do not have licences issued by the State of Sarawak through PETROS (Petroleum Sarawak Bhd),” he said during the parade and rally in conjunction with Sarawak Yang di-Pertua Negeri Tun Abdul Taib Mahmud’s 82nd birthday celebration at Dataran Tun Tuanku Haji Bujang here yesterday.

Clarity on Petros vital

May 9, 2018

Especially for us boutique service providers:

Dateline 2018-03-09, NST:

SARAWAK’s state oil corporation, Petroleum Sarawak Bhd (Petros), was officially launched earlier in the week by Chief Minister Datuk Patinggi Abang Johari Abang Openg in Kuching.

With a symbolic digital signature, the state chief executive finally made concrete a collective state aspiration to be an active player in the oil and gas sector, which Abang Johari described as strategically important to the socio-economic development objectives of Sarawak.

He marked the symbolic launch with a significant gesture in handing over to Petros chairman Tan Sri Hamid Bugo a state government licence, granting the new oil corporation the rights to mine oil and gas in Sarawak.

Abang Johari said: “Petros must build on its strategic presence in Sarawak to grow and deliver sustainable economic benefits via its business model, while, at the same time, safeguarding the interests of our state and its resources.”