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‘Win-win’ solution needed in Putrajaya-Sarawak O&G dispute, says Fadillah
Free Malaysia Today
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11/5/2024
Deputy Prime Minister Fadillah Yusof says the success of the oil and gas industry has been due to a strong federal-state partnership.
Read More:
https://www.freemalaysiatoday.com/category/nation/2024/11/06/win-win-solution-needed-on-sarawak-og-says-fadhillah/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/11/06/perlu-penyelesaian-menang-menang-dalam-isu-og-sarawak-kata-fadillah/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
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#FMTNews #FadillahYusof #Sarawak #Oil #Gas #Ownership
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Transcript
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00:00
What we want to achieve is a win-win for both state and also federal.
00:08
This is what Deputy Prime Minister Fadila Yusuf said in response to the ongoing discussions
00:13
between Putrajaya and Sarawak over the rights to oil and gas exploration off the state's
00:18
coast.
00:19
Under the Petroleum Development Act 1974, Petronas is given full ownership and exclusive
00:25
authority over the country's entire onshore and offshore oil and gas resources.
00:31
However, Fadila, a senior leader of Gabungan Parti Sarawak, said the state's right to offshore
00:37
oil and gas is premised on the Oil and Mining Ordinance 1958.
00:42
He added that the state claims the right to all resources found within its continental
00:47
shelf.
00:49
As far as Sarawak is concerned, it's about 100 miles from the border.
00:56
The Sarawak State Assembly also passed the Distribution of Gas Ordinance 2016, which
01:01
allows Sarawak's state-owned oil company Petros to take over Petronas' role as the
01:06
state's gas aggregator.
01:07
As far as onshore, it will be given to the state of Sarawak.
01:12
Offshore will still be Petronas.
01:14
For the new exploration, then both parties will discuss.
01:20
Natasha Biest, FMT News.
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1:33
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