Looking beyond oil wells


AS a net exporter of oil and gas, we are too dependent on its revenue. What is the Government doing to look at other sources of revenue from now?

Idris: Over the past year, the price of oil has dropped very sharply. From US$100, it dropped lower and lower and finally on Aug 15, it went down to US$47. It’s nothing new because from 1960 to 2005, the price of oil had never gone up above US$40.

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