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
Oil royalty to be highlighted in campaign
Pengkalan Kubor by-election: BN to explain oil royalty issue
GST will not burden Malaysians, assures Najib
Anwar denies supporting GST when he was Finance Minister
Kuala Nerus is Terengganu's newest district
Selangor MB crisis: Khalid bids farewell to state secretariat staff
Selangor MB crisis: Palace to announce new MB at 9am Tuesday
Anwar loses economic advisor job
Selangor MB crisis: Palace sends out letter appointing Azmin
Selangor MB crisis: Pix of "swearing in" ceremony uploaded on internet
Selangor MB crisis: Azmin says has full PKR backing
14 naturally awesome swimming pools
Beware glint in Watson's eye, McGinley warns Europe
Folk legend Leonard Cohen turns 80, releases new album
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)