the sun malaysia ipaper logo 150x150
Thursday, July 23, 2026
26.4 C
Kuala Lumpur
the sun malaysia ipaper logo 150x150

Do not speculate, make assumptions on discussions between Petronas and Petros – Fadillah

KUCHING: Any parties not involved in the negotiations between Petroleum Nasional Bhd (Petronas) and Sarawak’s state-owned oil and gas company, Petroleum Sarawak Berhad (Petros) on gas distribution in the state are urged to not make any assumptions on the matter.

Deputy Prime Minister Datuk Seri Fadillah Yusof said he wanted the negotiations between the two oil and gas companies to go well and bring benefits to Sarawak and the country.

“People who don’t know the content of the conversation should not make assumptions. What is certain is that everyone looks at the interests of the country and at the same time the interest of Sarawak must also be balanced.

“Whatever development Sarawak benefits from, the federal government will also get it because tax will be paid to the federal government,“ he told reporters after attending the Ramadan Bazaar Tour programme in Matang Jaya near here today.

He said this in response to allegations that certain parties were trying to pit Petronas and Petros over gas distribution rights in Sarawak.

In a statement last Saturday, Petronas said it was working closely with the federal government, the Sarawak government and Petros on details of Petros’ future role as the state’s gas aggregator.

This effort, Petronas said, aims to ensure that the rights and interests of all parties, including end customers and investors, are properly considered.

“The utmost consideration will be given to ensuring certainty in the investment climate,“ the country’s oil and gas company said when responding to a question from Bernama on a news report that said otherwise on the progress of cooperation between Petronas and Petros.

Prime Minister Datuk Seri Anwar Ibrahim recently said the federal government would hold a meeting with the Sarawak government to detail the scope of cooperation between Petronas and Petros.

He said the discussion was aimed at exploring the cooperation that will be carried out by the two companies involving any new projects in any field.

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

2026 Shandong Innovation-Driven Development Conference & 7th Binzhou Talent Festival Held in Binzhou

BINZHOU, CHINA - Media OutReach Newswire - 22 July 2026 - On July 18, the 2026 Shandong Innovation-Driven Development Conference & 7th Binzhou Talent Festival was held at the Yellow River Delta Trading Center in Binzhou.

Befar Group Achieves Mass Production of 6N-Grade High-Purity Hydrogen Fluoride

BINZHOU, CHINA - Media OutReach Newswire - 22 July 2026 - On July 19, Shandong's Befar Group achieved a technological breakthrough in four key areas of process, engineering, testing, and filling to bring its high-purity hydrogen fluoride (HF) for semiconductor applications to the 6N grade (99.9999%).

Shopee Launches #MyShopeeJingle Competition with S$10,000 Cash Prize and Opportunity to Create Its Next...

SINGAPORE - Media OutReach Newswire - 22 July 2026 - Shopee today launched #MyShopeeJingle, a nationwide competition inviting tertiary students across Singapore to create the next soundtrack for Shopee's iconic 12.12 campaign.

Freshening Leverages Shopee’s Integrated Solutions to Scale Consumer Brand Zappy

SINGAPORE - Media OutReach Newswire - 22 July 2026 - As more established Singapore businesses adapt to changing consumer shopping habits, Shopee is helping manufacturers strengthen direct relationships with consumers through e-commerce, enabling traditionally B2B businesses to build recognised consumer brands and drive long-term growth.

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings