Share seismic data on oil and gas resources, Sarawak CM urges Petronas

June 6, 2019

What is this Petros you speak about? Was it part of King’s Landing? And talk about the crown jewels.

Dateline 2019-04-14, Malay Mail:

Sarawak Chief Minister Datuk Abang Johari Openg today asked Petroliam Nasional Berhad (Petronas) to share its seismic data on oil and gas reserves in the state’s territorial boundary with Petroleum Sarawak Berhad (Petros).

“They have the seismic data. We want to know the data. Let’s share the data with Petros,” he said when addressing the Sarawak Oil and Gas Seminar and Exhibition here.

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Abang Johari: No multi-layer sales tax on petroleum products

January 25, 2019

Dateline 2018-12-14, FMT:

Sarawak Chief Minister Abang Johari Openg today clarified that only the export sales tax will be imposed on petroleum products.

Clarifying that there would be no multi-layer sales tax on petroleum products, he said there was a lot of misunderstanding on the export sales tax for petroleum and gas product,s which was announced in the state assembly last month.

“People in the industry interpreted that raw materials (sold) to the liquefied natural gas (LNG) plant will be taxed at 5% and there will be another 5% tax when the LNG is produced and exported, which is not the case.

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Laying claim on oil and gas

January 10, 2019

Dateline 2018-12-04, Borneo Post:

Sarawak is merely exercising its rights over oil and gas found in the state’s waters and shores.

Chief Minister Datuk Patinggi Abang Johari Tun Openg says in this context, Sarawak is not making any demands over the matter as it involves what rightfully belongs to the state.

“It is just a matter of rights. It is not demanding. If it is your house, and you want your house to be fenced up, that is what you want.

“That is not amounting to ‘demand’. That is just (our) right. Rights can be negotiated,” he told reporters after officiating at Zamalah Wartawan Malaysia organised by Malaysian Press Institute (MPI) here yesterday.

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Sarawak to impose sales tax on petroleum products

December 22, 2018

Does this include plastics?

Dateline 2018-11-05, Malay Mail:

The Sarawak state government will impose 5 per cent sales tax on all petroleum products next year, Chief Minister Datuk Patinggi Abang Johari Openg said today.

“This will take effect on January 1 next year,” he said when tabling the state Budget 2019 in the state legislative assembly.

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Time for Petros to lay out its plans

December 4, 2018

Yeah, since Sabah wants to emulate them.

Dateline 2018-10-11, FMT:

It has been over one and a half years since the announcement to set up Petroleum Sarawak Bhd (Petros) was made. Until today, no specifics have been released by the Sarawak government or its Chief Minister Abang Johari Openg.

As days go by, more questions emerge such as the amount of initial paid-up and working capital the state government will inject to get Petros operational, and who will make up the senior management aside from Saau Kakok who has been announced as its CEO.

Saau is a former special projects vice-president of US-based independent oil company, Hess Corporation.

Abang Johari, when announcing the setting up of Petros in 2017, said: “Petros is expected to be in operation within six months because we must get our side ready for us to get involved in upstream oil and gas (O&G) activities.”

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‘Politics need not dominate oil royalty talks’

October 27, 2018

And here’s me thinking, isn’t politics the point of the talks?

Dateline 2018-08-01, Borneo Post:

Chief Minister Datuk Patinggi Abang Johari Tun Openg says the issue of oil royalty needs to be discussed professionally between Petronas, representing the federal government, and Petros, which represents the Sarawak government.

He said politics must not be too dominant in the discussion, which was now ongoing between the two parties.

According to him, the discussion started following the Federal Court decision in June to dismiss Petronas’s proceeding to obtain court declaration to have exclusive ownership on oil and gas resources in the state.

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CM mum over Petronas meeting

October 15, 2018

Dateline 2018-07-25, Borneo Post:

Chief Minister Datuk Patinggi Abang Johari Tun Openg has revealed that Petronas met him after it failed to get the application for leave from the Federal Court.

He, however, declined to reveal what was discussed during the meeting.

“Yes, they did come to see me recently, after the Federal Court’s decision, but I cannot reveal what was discussed during the meeting.

“Of course, we discussed some of the win-win-proposals together. We are not that greedy.

“Okay that is our right. Petronas wants to take and sell the oil, which is our right, so they have to negotiate with us,” he told a press conference after launching the Land and Survey Department’s Innovation and Integrity Day here yesterday.

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