Sarawak gas deal expected to boost downstream activities

April 7, 2020

Dateline 2020-02-14, Malaysian Reserve:

THE recent natural gas deal between Petroliam Nasional Bhd (Petronas) and state-owned Petroleum Sarawak Bhd (Petros) is expected to provide a boost to Sarawak’s downstream operations.

The handover of authority over the supply, sales and distribution of natural gas in Sarawak to Petros effective Jan 1 this year has given the fuel-rich state room to manage its resources — which account for 54% of total national gas reserves and 29% of national oil reserves.

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CM optimistic O&G industry in Sarawak will thrive, help boost economy

April 4, 2020

Kejap, JX Nippon recent set up an office in Miri?

Dateline 2020-02-04, Borneo Post:

Chief Minister Datuk Patinggi Abang Johari Tun Openg is optimistic that the oil and gas (O&G) industry in the state, particularly Miri as the O&G hub, will thrive and help boost the state’s economy.

In referring to the setting up of a new office by a Japanese company JX Nippon Oil and Gas Exploration (Malaysia) in Miri recently, Abang Johari said that it is a good sign as it shows that the oil and gas industry players are slowly coming back to Miri.

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Petronas claims Sarawak sales tax law ‘unconstitutional’

March 29, 2020

Haha haha ha. Are there positions in the legal team now?

Dateline 2020-02-03, FMT:

Petronas has claimed that some parts of the state Sales Tax Ordinance 1998 which require the national oil company to pay the 5% sales tax on petroleum products to Sarawak are “unconstitutional”.

Petronas lawyer Malik Imtiaz Sarwar.

Therefore, the notice of assessment issued by the Sarawak government to Petronas, seeking payment of the state sales tax on petroleum products, was also considered to be invalid, said Petronas lawyer Malik Imtiaz Sarwar.

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Sharifah: Only RM33 bln of RM660 bln in oil revenue mined by Petronas returned to Sarawak

March 27, 2020

Dateline 2020-02-02, The Sun:

Since national oil company Petronas began extracting oil and gas in Sarawak from 1976 to 2017, it had earned a total revenue of about RM660 billion, but only RM33 billion was returned to Sarawak, said Datuk Sharifah Hasidah Sayeed Aman Ghazali.

The state de facto law minister said if Sarawak were to have a hand in its own oil and gas resources since then, it would have been in a better economic position now to attain a high income economy and develop the state by the year 2030.

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Petronas’ bid to recuse judicial commissioner in Sarawak suit fails

March 22, 2020

Dateline 2020-01-23, FMT:

Petronas today failed in its attempt to disqualify Judicial Commissioner Christopher Chin from hearing the case over Sarawak’s suit for unpaid state sales tax.

Petronas had earlier applied for Chin to discharge himself from hearing the case.

The national oil company claimed that Chin would decide the case to favour the prime minister as his tenure as a judicial commissioner was temporary and was subject to confirmation by the prime minister, who is also the person with ultimate control over Petronas.

Chin, however, said that during his nine months on the bench, he had never been instructed, hinted or urged by his “bosses” — the chief judge of Sabah and Sarawak, the chief justice, or any judge or person for that matter — on how he should decide any dispute.

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Baru Bian concerned over Mulu, Baram gas pipe leak

March 16, 2020

Dateline 2020-01-13, Malay Mail:

Ba’Kelalan state assemblyman Baru Bian today expressed his concern at the latest report of a fourth leakage along the Petronas Sabah Sarawak Gas Pipeline (SSGP) which occurred between Long Kawa and Ba Selulung in Mulu, Baram yesterday evening.

“I am also equally relieved that no one was hurt in this major incident,” the federal works minister said.

He said he was informed that SSGP Block Valve 112 was shut down about 2am at dawn this morning, as pressure dropped at both upstream and downstream Block Valve 112, indicating pipeline leakage and rupture.

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Sarawak green-lights oil exploration by state-owned Petros

March 13, 2020

Dateline 2020-01-13, Malay Mail:

The state government has issued a permit to state-owned Petroleum Sarawak Berhad (Petros) to undertake oil and gas exploration on-shore in the Miri and Limbang Divisions, Chief Minister Datuk Patinggi Abang Johari Openg said today.

He said the permit was issued in accordance with the Sarawak Land Code and the Federal Constitution.

“Oil and gas resources belong to Sarawak. It is our right to explore these resources,” he said at the launch of the “Sarawakku Sayang” programme here.

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Commercial oil production begins at Layang field offshore Malaysia

February 26, 2020

Dateline 2019-12-20, Oilfield Technology:

JX Nippon Oil & Gas Exploration Corporation’s subsidiary, JX Nippon Oil & Gas Exploration (Malaysia) Limited, the Operator of Block SK10 offshore Sarawak, Malaysia together with PETRONAS Carigali Sdn Bhd, commenced commercial oil production from Layang Field on 3 December 2019.
Layang Field (“Layang”), in addition to its natural gas production since May 2017, commenced oil production by using a Floating Production, Storage and Offloading System (FPSO) named “FPSO Helang”.

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Cover Story: A taxing uncertainty

February 23, 2020

‘Diplomatic discussions…’ What, we have a Federal ambassador in Sarawak?

Dateline 2019-12-20, The Edge:

THE past year would have been one of redemption of sorts for the Malaysian oil and gas (O&G) industry. There are more upstream activities and players are making up for lost time after prices started to stabilise following the severe downturn that began in 2015.

But just weeks before the year ends, one issue is threatening to put a dent in the sector’s business prospects in the country’s top oil-and-gas producing state, Sarawak.

Last month, what started off as diplomatic discussions over Sarawak’s share of oil revenue, under the broader Malaysian Agreement 1963, escalated into a lawsuit by the state government, which is claiming billions of ringgit in unpaid sales tax from national oil corporation, Petroliam Nasional Bhd (Petronas).

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Sarawak plans Borneo Power Grid

February 21, 2020

Dateline 2019-12-20, Daily Express:

Federal government is seeking to increase Malaysia’s target of renewable energy generation to 20 per cent in the next six years to improve on the energy trilemma of security, reliability and affordability.

Regionally, Asean has set out to make 23 per cent of its primary energy renewable by 2025, compared to 9.4 per cent in 2014, five years ago, in tandem with global megatrends in population growth, urbanisation and striving for green energy and transport.

There is also an Asean power grid being mooted and Sarawak has also embarked on power generation projects in Myanmar and soon possibly in other Indochina countries. North Kalimantan has hydropower potential sites with total capacity close to 12,000MW.

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