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Abg Jo: No new Petros-Petronas update as PM still preoccupied with other matters

Abg Jo: No new Petros-Petronas update as PM still preoccupied with other matters

Borneo Post19-05-2025
Abang Johari enters the DUN Complex. – Photo by Mohd Faisal Ahmad
KUCHING (May 19): There is no new update on the agreement between Petroleum Sarawak Berhad (Petros) and Petronas Petroliam Nasional Bhd (Petronas) as Prime Minister Datuk Seri Anwar Ibrahim is still preoccupied with other matters, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg.
'Nya gik gago. Kelak madah (He is still busy. I'll update later.),' Abang Johari told reporters after the commencement of the first meeting of the fourth term of the 19th State Legislative Assembly (DUN) here today.
The Premier had been asked about his disclosure during the International Construction Week (ICW) Borneo on May 13 that an imminent agreement involving Petros and Petronas would be announced within the coming days.
He had indicated that the agreement would involve mutual recognition of federal and state laws, the recognition of Petros as the sole aggregator, and an increased Sarawak stake in liquefied natural gas (LNG) through a commercial arrangement.
The deal follows a meeting on May 9 in Putrajaya, chaired by Anwar Ibrahim and Abang Johari, alongside top leadership from both Petronas and Petros.
According to a statement from the Prime Minister's Office, both the federal and Sarawak governments had agreed to finalise key principles to smoothen negotiations between the two energy entities.
The statement described the meeting as cordial and rooted in the spirit of federalism.
It added that the collaboration would unlock significant potential, including the fast-tracking of commercial energy supply to Asean markets.
Both leaders also agreed to resolve all outstanding issues through negotiations.
This comes after the Sarawak government issued a letter of demand to Petronas Carigali Sdn Bhd (PCSB), a Petronas subsidiary, over alleged violations of the Distribution of Gas Ordinance (DGO) 2016.
The state claimed PCSB had been operating a facility in Miri without a valid permit under state law. abang johari anwar ibrahim lead Petros-Petronas
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