Prime Minister Gives Sarawak High Hopes for Increased
Royalty
extension of their usual 15 or 20
years term.
Facilities for Disabled a
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“It is not fair for oil-producing
states to get nothing except
royalties,” he said during a press
conference recently.
See added that the state’s
participation in the downstream
industries was only about five
per cent through Petronas
Carigali Sdn Bhd.
The promise by Prime Minister
Datuk Seri Najib Tun Razak that
the federal government will
give utmost consideration to
Sarawak’s request for higher gas
and oil royalty has received all
round approval from both sides
of the political divide in the state.
Parti Rakyat Sarawak (PRS)
president Tan Sri Datuk Amar
Dr James Jemut Masing hoped
that the federal government
would meet the appeal brought
up by Chief Minister Tan Sri
Datuk Amar Adenan Satem in
his speech during the Malaysia
Gawai Open House in Miri.
Masing added Sarawak needed
that extra fund as many areas in
the state were still in dire need
of development.
“I am very happy to note that the
federal government is willing to
consider Sarawak’s request for
a 15 per cent increase in oil and
gas royalty.
“I must congratulate the Chief
Minister for being able to
bring all the state’s e