Petronas royalty rates to stay


THE Government has no plans to review the royalty payment by Petronas to the states, Minister in the Prime Minister’s Department Senator Datuk Amirsham A. Aziz said.

He said Petronas had paid RM26.83bil in oil royalties to the Federal Government and three states (Terengganu, Sabah and Sarawak) from the financial year 2004 to 2007.

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