About half of new gas resources to be kept as feedstock, says Sarawak CM

November 12, 2019

Dateline 2019-09-11, FMT:

About 40℅ to 50% of new findings of gas resources in Sarawak must be retained as feedstock for gas- related industries in the state, Sarawak Chief Minister Abang Johari Openg said today.

He said this was to ensure Sarawak had sufficient gas feedstock to drive downstream activities of the natural gas industries in Sarawak, particularly the petrochemical industries.

Abang Johari announced this during the launch of Sarawak’s first methanol plant – Sarawak Petchem – at Tanjung Kidurong in Bintulu here, today.

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Exit Malaysia, GPS urged after data on Sarawak oil and gas reserves denied

November 4, 2019

Dateline 2019-08-27, FMT:

Petronas has no right to keep the Sarawak government in the dark about the amount of oil and gas reserves in Sarawak, Parti Bumi Kenyalang president Voon Lee Shan said.

He said this following Sarawak Chief Minister Abang Johari Openg’s claim that Petronas had refused to disclose any data or information on the state’s oil and gas reserve to the state government.

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Sabah must control own resource use

September 3, 2019

Dateline 2019-07-17, Daily Express:

Sabah’s rich resources must be prioritised for use towards the prosperity of Sabah and benefit the people, and as a nation, Malaysia, benefits from taxes and vibrant economic dynamism.

Minister of International Trade and Industry Datuk Darell Ignatius Leiking said as he made it clear that he wears two hats, one as a Federal Miti Minister responsible for the whole country, and as a Sabahan politician.

Sabah and Sarawak need people who work for the good of the state instead of their pockets. Sabah has talents locally and overseas to be lured back, who can manage its rich natural resources well for future generations, he said.

Sabah has the talents but there is a need to create more job opportunities “to bring them back.”

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CM: Oil and gas complex will boost development in Sarawak’s north

July 8, 2019

And China has a base in North Sarawak.

Dateline 2019-06-10, The Star:

A proposed integrated oil and gas complex in Lawas will help boost development in Sarawak’s northern region, says Datuk Patinggi Abang Johari Tun Openg.

The Chief Minister said the US$5bil (RM20.8bil) project by China’s Beijing Beca Sci-Tech Co Ltd and Sinopec Engineering Incorporation would create jobs and spread development to the area.

“This will be a game changer for northern Sarawak, particularly Lawas and Limbang.

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O&G firms most sought after by Sarawakian job seekers — Survey

May 26, 2019

Gosh, why would you want to enter a sunset industry?

Dateline 2019-04-10, Borneo Post online:

Oil and gas companies remain the most highly sought-after industry by Sarawakian job seekers who have registered with JobStreet.com, securing the two top spots in the ranking.

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Sarawak party urges state govt to impose 20pc sales tax on petroleum

February 2, 2019

Dateline 2018-12-30, Malay Mail:

State Reform Party (STAR) president Lina Soo today urged the Sarawak government to impose a 20 per cent sales tax on petroleum and petroleum products to fund schools and infrastructures.

She said the state government should also start a sovereign fund for the future generations from a certain percentage of the revenue collected from the sales tax.

“It is time that Sarawak starts looking after ourselves to catch up with the other states, instead of being their cash cow for as long as we remain in the Federation of Malaysia,” Soo said.

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Natural gas reserves in S’wak sufficient for 17 years, says assistant minister

January 1, 2019

Dateline 2018-11-09, Bernama:

The natural gas reserves discovered in Sarawak are estimated to be sufficient for 15 to 17 years at a daily production of 5,000 MMscf, says Assistant Minister for Corporate Affairs Abdullah Saidol.

He said it was important for the state, through Petroleum Sarawak Bhd (Petros), to enforce and protect production sharing contracts for several revenue streams in the state.

“52.7 percent of the country’s discovered gas reserves are in the state and it was also the largest natural gas producer in Malaysia at 52.89 trillion standard cubic feet,” Abdullah told the Sarawak Legislative Assembly in response to a question from Aidel Lariwoo (Sadong Jaya – BN) in Kuching today.

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