Negotiations on Sarawak’s natural gas distribution ongoing, says Petronas

Negotiations on Sarawak’s natural gas distribution ongoing, says Petronas

The national oil firm says talks with Sarawak, the federal government and Petros are aimed at a mutual resolution.

Recently, it was reported that Petronas is considering filing a court injunction against the Sarawak government regarding the rights to distribute natural gas in the state. (Petronas pic)
PETALING JAYA:
Petroliam Nasional Bhd (Petronas) has reiterated that it is still in discussions with both Sarawak and the federal government, as well as Petroleum Sarawak Bhd (Petros), towards achieving a mutual resolution regarding the distribution of natural gas.

The national oil firm viewed that a win-win partnership must be established by understanding each other’s strengths and constraints to reach a holistic resolution.

“Our position is that any resolution developed by all parties must serve the country’s best interest at heart and should not jeopardise the economic stability of the nation,” said Petronas in a statement.

It was reported that Petronas is considering filing a court injunction against the Sarawak government regarding the rights to distribute natural gas in the state.

“To this end, we remain fully committed to working with all parties to preserve a thriving and conducive investment climate in Malaysia,” said Petronas.

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