Petronas has made RM15.6bil cash payments to Sabah since 1976

KUALA LUMPUR: Sabah has received about RM15.6bil in cash payments from Petroliam Nasional Bhd (Petronas) for petroleum and gas extracted in the state from 1976 up till Dec 31 last year, says Deputy Economic Affairs Minister Dr Mohd Radzi Md Jidin.

The figure is based on the 5% payment of gross petroleum production which is channelled by Petronas to the Sabah state government in February and August each year, he said.