Hottest Online News Portal

80 Sarawak Firms Bag RM350 Mln Contracts From Petronas

in Latest

KUCHING – A total of 80 Sarawak companies have secured RM350 million worth of contracts from Petronas in the first quarter of this year, said Chief Minister Tan Sri Adenan Satem.

He said Petronas had recently agreed to award RM2.1 billion of contracts this year to local firms as a part of cooperation to address the royalty issue and to enable a bigger participation by Sarawak in the oil and gas industry.

“The petroleum royalty issue and negotiations with the Federal Government is a matter close to the hearts of every Sarawakian. Sarawak will continue to negotiate to find resolutions to request for higher oil and gas royalties.

“I will continue to pursue the matter until there is a positive response,” he said at the Petronas Outstanding Vendor Award (OVA) ceremony, here today.

The award is a recognition accorded by Petronas to 13 of its contractors for their exemplary performance in health, safety and environment, reliability, responsiveness and respectability.

Petronas also hold a symbolic presentation of contract awards to 80 local contractors who have won contracts in the first quarter of this year from Petronas’s operating units in Sarawak such as Petronas Carigali Sdn Bhd, Malaysia LNG Sdn Bhd and Asean Bintulu Fertiliser Sdn Bhd.

Also present were Petronas Chairman, Tan Sri Sidek Hassan; Petronas senior vice-president of Upstream Malaysia, Datuk Mohd Anuar Taib; and Sarawak Second Minister of Resource Planning and Environment, Datuk Amar Awang Tengah Ali Hasan.

Adenan said he had spoken to the Prime Minister (Datuk Seri Najib Tun Razak) for better royalty for the state’s oil and gas sector.

“Najib said he will see what he can do sometime this year. I hope it will be positive,” Adenan said. – BERNAMA


Latest from Latest

Go to Top