Article ‘Kenapa BN Mahu Sangat Rampas Kelantan’ – Take 2

March 21, 2008

Continuing my expansion of the above article, I thought I would list down the operators and comments of the acreage listed.

  • Blok A18 – as the original author says, the acreage is operated by the Carigali Hess Operating Company (CHOCas its known to friends). It’s located in the Malaysia Thailand Joint Development Area (JDA)
  • Blok B17 – the PSC for this area is PETRONAS Carigali (JDA) Sdn Bhd, also in the JDA.
  • Block C19 – the PSC for this area is Carigali-PTTEP International Operating Company (CPOC), also in the JDA.
  • PM3 – operated by Talisman (Malaysia) Ltd.
  • Sub-Blok Ular – operated by PETRONAS Carigali Sdn Bhd (PCSB).
  • PM301 & PM302 – CS Mutiara, though I’m not sure if they have had to relinquish the acerage yet. It’s interesting to note that this aceragetouches the Kelantanese shoreline.
  • PM303 – Shell, PSC awarded in 1999, though yet to produce.
  • PM311 & 312 – joint venture between Murphy Peninsular Malaysia Oil Co Ltdand PCSB, yet to produce.

So, of the fields listed by the author, 3 are in the JDA, one is in Kelantanese waters, and the rest are in Terengganu waters.

It’s interesting to note that we do not have a JDA for disputed resources between Malaysia, Indonesia and Brunei. Would that have reduced the amount of hydrocarbons that could be claimed by Sabah and Sarawak?

1 Comment | engineering, Malaysia, oil and gas, Uncategorized | Tagged: , , , , , , , , | Permalink
Posted by Wata

Article ‘Kenapa BN Mahu Sangat Rampas Kelantan’ – Take 1

March 20, 2008

I thought I’d comment on the blog entry at kickdefella.wordpress.com. I’m more interested in the oil and gas perspective, and providing some background information.
First, I’d like to mention who owns Malaysia’s hydrocarbon (that is, oil and gas) reserves. Quoting from an article I co-authored for the Institution of Engineers, Malaysia,

"As an outcome of the petroleum crisis of 1973, which was a result of an OPEC oil export embargo by many of the major Arab oil-producing states in response to western support of Israel during the Yom Kippur War, Malaysia realised the importance and the impact that oil had on the local economy. The Petroleum Development Act (PDA) was enacted in 1974, leading to the incorporation of PETRONAS (Petroliam National Berhad) on 17 August of the same year under the Companies Act 1965. It is wholly-owned by the Malaysian government and is vested with the entire ownership and control of the petroleum resources in Malaysia. In essence, any company who wishes to take part in the exploitation of Malaysia's hydrocarbon resources act as a contractor to PETRONAS."

So, PETRONAS is the owner of all of Malaysia’s hydrocarbons, and this will not change until the PDA is amended or repelled in Parliment. Oil ownership is therefore not a drive to take over Kelantan.

Leave a Comment » | Malaysia, oil and gas, Uncategorized | Tagged: , , , | Permalink
Posted by Wata

Kelantan: New Budget?

March 2, 2008

Malaysia will undergo its 12th election this March 8, 2008. The state of Kelantan is the only state whose administration is led by a non-member party of Barisan National, the ruling coalition.

To quote an article from today’s Sunday Star, ‘Kelantan … (currently) gets an annual allocation of RM400mil (from the Federal government).’

Continuing the article, ‘state Barisan chairman … said the Prime Minister had already promised Kelantan a special allocation and an expanded budget of RM1bil annually.’ I’ll assume that this means that the state will get an expanded budget if Barisan National wins a majority in the state elections.

Would that mean that Kelantan has been under-budgeted all this time?

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Posted by Wata

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