Pay up 20% oil royalty or stop pumping in Sabah, says Jeffrey

November 26, 2019

Dateline 2019-09-30, FMT:

Sabah opposition leader Jeffrey Kitingan yesterday hit out at the Pakatan Harapan (PH) government over Dr Mahathir Mohamad’s remark that it is impossible to give the East Malaysian states the 20% oil royalty, calling this at odds with Putrajaya’s “Shared Prosperity” vision for the country.


In Sabah, doubts linger as Putrajaya’s MA63 review accused of being one-sided affair

November 7, 2019

Dateline 2019-09-02, Malay Mail:

Sabahans remain unconvinced of Putrajaya’s sincerity in reviewing the Malaysia Agreement 1963, with concerns that the terms of the review being a one-sided affair.

Noting that discussions are still ongoing, political observers say that it is imperative that talks prioritise the 40 per cent return of revenue from the state, and deal with the thorny issue of oil and gas ownership.


Many Sabahan O&G firms in ‘limbo’ – Upko Youth

July 10, 2019

Why? Isn’t Repsol and Hibiscus slinking round there? And there are newcomers everywhere, thank you.

Dateline 2019-06-13, Borneo Post Online:

Petronas has been urged to help Sabah oil and gas (O&G) contractors to grow as they are newcomers, thus unable to compete with other more established companies from Peninsular Malaysia and Sarawak.

Upko Youth chief Felix Saang said that Sabahan oil and gas players are new in the industry compared to their counterparts in the peninsula and Sarawak, thus they need to be given priority until they grow ‘big’ enough to compete on a level playing field.

Speaking to reporters after attending central Upko Youth Exco meeting here recently, he said he was informed many Sabahan oil and gas contractors were in limbo now as they were trapped in a difficult situation whereby they need experience and size before being able to bid for contracts while at the same time, they need contracts in order to gain experience and grow big.


Growth hit by Sabah gas snag

January 6, 2019

Dateline 2018-11-28, Daily Express:

Malaysia’s gas exports have been suffering from severe disruption since the second quarter of 2018 following a production breakdown at the Kebabangan gas field in Sabah, according to Finance Minister Lim Guan Eng, recently.

Hence, he said, the country has not fully benefited from the rising oil prices in the past six months.

“Major repairs and assessment works are still ongoing and production is only expected to return to full capacity by the middle of next year the latest,” Lim said in a statement.
He highlighted that the supply disruption has severely affected gross domestic product (GDP) growth and petroleum income tax revenue received by the government.

For the third quarter of 2018, petroleum income tax revenue declined 27pc to RM2.79 billion from RM3.81 billion in the second quarter.


Students from four universities benefit from Prestige programme

December 23, 2018

Dateline 2018-11-05, The Star:

AIMING to create a broader understanding of the natural gas industry and the importance of Health, Safety and Environment (HSE) aspects among university students, Malaysian Gas Association (MGA) held its annual Practical Environmental, Safety & Industrial Guidance for Student Engineers (Prestige) programme in Sabah recently.


Sabah to emulate Sarawak in controlling oil and gas laws

November 20, 2018

Dateline 2018-09-10, FMT:

Sabah will look into bolstering laws involving exploration of oil and gas and mining activities in the state, following in the footsteps of its neighbour Sarawak which tightened controls over such matters in July.

Chief Minister Shafie Apdal said he would request the state attorney-general (AG) to look into the matter.

“We are looking into it but I was made to understand by the former AG that we do have that mineral enactment in Sabah. I will ask the (current) AG to look into the details, whether there’s any loopholes in that.


Dr M: ECRL and Sabah gas pipeline projects cancelled

November 10, 2018

Dateline 2018-08-21, NST:

Tun Dr Mahathir Mohamad said the multi-billion East Coast Rail Link (ECRL) and Trans-Sabah Gas Pipeline (TSGP) projects are cancelled for now.

The prime minister said Chinese President Xi Jinping and premier Li Keqiang understood the reasons behind the cancellation of the two Chinese government-backed projects.

“I have explained to them and they understood the situation and accepted them,” Dr Mahathir told journalists at the end of his five-day official visit to China.

“Initially, there were some misunderstandings but now they understood why we do it. I don’t think China wants us to be bankrupt,” said Dr Mahathir.

Dr Mahathir said the projects involved huge amounts of money and Malaysia does not really need them at the moment, amid the country’s financial situation with high debt left by the previous government.