Sabah makes first sale of crude oil cargo following 50% stake in Samarang PSC

KOTA KINABALU: Sabah made the first sale of crude oil cargo from its 50% interest in the Samarang Production Sharing Contract (PSC) on Friday (June 30) to an international buyer.

State-owned entity SMJ Sdn Bhd (SMJSB), in a statement here, said this was marked by the issuance of its official invoice to the crude oil buyer, Shell International Eastern Trading Company (SIETCO).