PETRONAS, Petros close in on deal


Hello there: Fadillah meeting with engineers and contractors after officiating the opening of a new office and training centre for the Sarawak Bumiputera Consulting Engineers Association in Kuching. — Bernama

KUCHING: The ongoing commercial negotiations between Petroliam Nasional Bhd (PETRONAS) and Petroleum Sarawak Bhd (Petros) are progressing well and moving towards a mutually beneficial ­settlement, with an outcome expected early next year, says Deputy Prime Minister Datuk Seri Fadillah Yusof.

“We are looking into commercial settlement because if we only go along with the interpretation of laws, it will take longer amid a complex court process,” he said during a session at the 2026 Sarawak Budget Conference here yesterday, Bernama repor­ted.

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