Sarawak CM’s office rubbishes claim by DAP on Petronas stake

February 15, 2020

How do you officially rubbish something? Do you issue a memo?

Dateline 2019-12-16, FMT:

The chief minister’s office today said the purchase of stakes in Petronas is not among the issues discussed by the steering committee on Malaysia Agreement 1963 (MA63).

It said details concerning oil and gas are only deliberated in special discussions between the prime minister and the Sarawak and Sabah chief ministers.

The office rubbished a claim by Sarawak DAP chairman Chong Chieng Jen that Chief Minister Abang Johari Openg had agreed in principle to purchase a stake in Petronas during an MA63 steering committee meeting.


Legality of Sarawak’s petroleum sales tax hinges on MA63

January 28, 2020

Dateline 2019-11-28, Malaysian Reserve:

THE court will decide the legitimacy of the imposition of the sales tax by Sarawak on petroleum products based on the Constitution and what is provided under the agreement when the East Malaysia state joined Malaysia 56 years ago.

The state, which is rich with petroleum resources, imposed a 5% sales tax on petroleum products – crude oil, natural gas, liquefied natural gas, chemical-based fertilisers and gas-to-liquid products — sourced from the state early this year.

Petroliam Nasional Bhd (Petronas) has not paid the additional sales taxes for its oil and gas (O&G) exploration activities in the state.


For Sarawak, oil royalty dispute blots Pakatan Harapan’s first 100 days

November 5, 2018

Dateline 2018-08-15, Today Online:

For Sarawakians, Pakatan Harapan’s (PH) perceived lack of commitment to the fulfilment of its oil royalties and other provisions of the Malaysia Agreement 1963 (MA63) has defined the coalition’s first 100 days in power.

Mr Abdul Karim Rahman Hamzah, vice-president of Sarawak’s ruling Parti Pesaka Bumiputera Bersatu (PBB), said PH’s failure to increase the state’s oil royalty from five to twenty per cent was “most glaring”.


‘Seek solution out of court’

October 1, 2018

Dateline 2018-07-18, Borneo Post Online:

Minister of International Trade and E-Commerce Dato Sri Wong Soon Koh waxed philosophical when asking Petroliam Nasional Berhad (Petronas) to consider withdrawing their suit on exclusive ownership of oil and gas resources in Sarawak.

Asking the court to interpret the Petroleum Development Act 1974 (PDA74) without first recognising the supremacy of the Malaysia Agreement 1963 (MA63) is like looking at a leaf on a tree without recognising that, without the roots, there would be no tree and no leaf, Wong said.

“The leaf (like the PDA) is insignificant. The roots give life to the tree just like the Malaysia Agreement gave life to Malaysia.”