Taskforce to look into abandoned oil wells in Miri, says Sarawak minister

October 28, 2020

Dateline 2020-09-23, Malay Mail:

A taskforce will be set up with the objective of ensuring that all 624 abandoned oil wells throughout Miri would not pose any danger to the public and also to the environment.

Transport Minister Datuk Lee Kim Shin said this taskforce, comprising experts from oil and gas (O&G) industries, would be chaired by the Miri Resident.

“Petronas, Shell and Petroleum Sarawak Bhd (Petros) will form this taskforce.

“We will also invite those from Curtin University Malaysia, who are experts in petroleum engineering and geophysics, to look into all the abandoned oil wells in Miri, particularly those up on Canada Hill that have been left abandoned for a long time,” he said when met by reporters after chairing a meeting on ‘Abandoned Oil Wells and Historical Places in Miri’, which took place at the Resident’s Office here yesterday.

No way Sabah, Sarawak can get 20% oil royalty from govt, says Bung

October 22, 2020

Dateline 2020-09-17, FMT:

Sabah Barisan Nasional election chief Bung Moktar Radin doesn’t understand why Pakatan Harapan has pledged to increase the oil royalty payment for Sabah and Sarawak to 20%, claiming it could not be done.

Bung said increasing the oil royalty for the states was not easy as it involved pre-existing agreements with oil corporations, including international ones.

“We have done our research on the Malaysia Agreement 1963 on oil royalty and there is no way we can get the 20% from the federal government,” he told reporters after a ceramah in this interior Sabah district today.

“The agreement was signed after our independence with international corporations, including big firms from outside the country.

Sarawak to finally receive SST cheque from Petronas tomorrow

October 19, 2020

Will the check bounce?

Dateline 2020-09-16, Malay Mail:

Sarawak’s endeavour to reclaim its rights on its oil and gas resources will reach a milestone tomorrow with Petroliam Nasional Berhad (Petronas) finally handing over a cheque to the state government for the State Sales Tax (SST).

According to a media invite from the Chief Minister’s Office today, Chief Minister Datuk Patinggi Abang Johari Tun Openg will receive the cheque from Petronas at Wisma Bapa Malaysia here at 4pm.

Sarawak asst minister: Petronas expected to pay up over RM2b in SST by end of Sept

October 15, 2020

Did I miss the check handover ceremony, or soming?

Dateline 2020-09-13, Malay Mail:

Petroliam Nasional Bhd (Petronas) is expected to pay up over RM2 billion for the sales and services tax for the oil and gas to the State government by this month end, said Assistant Minister in the Chief Minister’s Department (Law, State-Federal Relations and Project Monitoring) Datuk Sharifah Hasidah Sayeed Aman Ghazali.

She said the payment should be done soon, after the computation of the process which includes the penalty and interest.

“The wait will not be much longer, by end of September we should be done. On the exact amount, I’m not sure as it is still being computed,” she told reporters at the Surau Darul Nur Dini upgrading works completion event at Kampung Sungai Midin today.

SDMC: Non-Sarawakians in O&G industry entering state now required to undergo 14-day quarantine

September 28, 2020

I don’t know what the status is as of today, but hey.

Dateline 2020-09-01, The Borneo Post:

Non-Sarawakian workers in the oil and gas industry who are entering Sarawak will be required to undergo quarantine effective today, said the State Disaster Management Committee (SDMC).

It said in a statement that Malaysians from Peninsular Malaysia, Sabah and Labuan as well as non-Malaysians who are signing on from their platforms will be placed at a quarantine centre in the state for 14 days.

“An rT-PCR test will be taken on the second and tenth day of quarantine.

Sarawak assistant minister says negotiations ongoing with Putrajaya to reclaim O&G regulatory role

September 10, 2020

Dateline 2020-07-15, Malay Mail:

Negotiations to reclaim a regulatory role in the mining of oil and gas resources within Sarawak’s territorial waters is ongoing with the federal government and national oil company Petronas, Datuk Sharifah Hasidah Sayeed Aman Ghazali said today amid questions over the lack of transparency in the process.

The Sarawak assistant minister of law, state-federal relations and project monitoring also said the state is also negotiating to increase its revenue share from oil and gas and greater investment opportunities in downstream activities by the state government and Petroleum Sarawak Berhad (Petros).

Sarawak set to change O&G industry

September 6, 2020

Dateline 2020-07-04, Malay Mail:

THE ongoing discussion between officials from Sarawak, Petroliam Nasional Bhd (Petronas) and the federal government is one that is being closely watched by all parties.

The outcome of the talks is likely to be historic for Malaysia’s oil and gas (O&G) sector. It could also have an impact on the coffers of both the federal government and that of the state of Sarawak. Petronas’ earnings and business activities are also at stake.

Sabah, another large O&G resource hub, has also staked a claim for more tax collections from Petronas.

CM: Proposed Sarawak Petrochemical Hub expected to create 74,000 jobs

September 5, 2020

Dateline 2020-07-02, The Malay Mail:

 The proposed Sarawak Petrochemical Hub, when fully operational, is expected to create 74,000 new jobs, which could potentially contribute an additional RM16 billion to RM20 billion per annum to the state’s gross domestic product (GDP), Chief Minister Datuk Patinggi Abang Johari Openg said today.

He said this will allow Sarawak to add value to its natural resources in line with its aspiration to intensify downstream activities in the oil and gas (O&G) sector.

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).

Malaysia’s Sarawak state to pursue sales tax lawsuit against oil firm Petronas

July 4, 2020

Dateline 2020-07-11, Reuters:

Malaysia’s energy-rich Sarawak state will pursue legal proceedings against national oil company Petronas over the non-payment of sales tax, backtracking on a settlement agreement reached last month, national news agency Bernama reported.

Petronas and Sarawak had reached a settlement in May, with the energy company agreeing to pay 2 billion ringgit ($470 million) in back sales taxes, and Sarawak agreeing to drop a civil lawsuit it filed last year to seek the funds.