Putrajaya, Petronas to be engaged over higher O&G contributions


THE state government will look into suggestions to ask the Federal Government and Petronas for an increase of the oil and gas royalty or bigger contributions to the state’s development.

Assistant Industrial Development Minister Datuk Julaihi Narawi said any negotiation on reviewing the Petroleum Development Act and increasing the royalty could be carried out between the state and Federal governments in the spirit of Barisan Nasional.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Others Also Read