Home > News > Nation
Monday June 2, 2014 MYT 10:26:00 PM
Monday June 2, 2014 MYT 10:36:33 PM
by stephen then
MIRI: The Federal Government is willing to negotiate Sarawak’s request to increase oil royalties from 5% to 20%, said Prime Minister Datuk Seri Najib Tun Razak.
“The State Assembly has approved a motion to seek an increase of oil royalties from 5% to 20%. Chief Minister Tan Sri Adenan (Satem) has whispered in my ears about this,” said Najib at the National Level Gawai Dayak celebrations in Miri, Monday night.
“We are willing to listen and talk. Whether it will be such an increase in oil royalties or whether we can look at other forms of increasing the allocation direct into the state accounts, let us consider.”
Najib referred to Putrajaya and Sarawak’s excellent working relationship and stated that the Federal Government would have no problem negotiating the matter.
The Sarawak state assembly sitting in May approved a special motion to seek royalties from the state’s oil and gas revenue to be increased from 5% cent to 20%.
Tags / Keywords:
Government, Sarawak, oil royalties, Najib Tun Razak
Summit to stress on ‘self-restraint’
Listen to proposals from bottom up, says Suhakam
Colourful end to Asean People’s Forum
Past and future hang heavy as Japan's PM heads to US
Anifah: Region can learn from EU on economy
Three in family die in blaze
MCA all out to woo Chinese voters
PAS poser in Permatang Pauh by-election
Permatang Pauh by-election: MCA shocked that PKR apologises to PAS over hudud
Next stop – Sensational Singapore
How Malaysians abroad are bridging a skills gap
US astronaut launches geography quiz on Twitter
InterContinental KL refurbishes executive lounge with Malaysian culture
New category for KEC Unity Run tomorrow
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)