News

Stakes in Petronas: chance for Sarawak, Sabah to own global-class shares



KUCHING, Dec 18  -- Prime Minister Tun Dr Mahathir Mohamad wants Sarawak and Sabah to consider Petronas’ position as a global oil company when studying the proposal to own stakes in the company.

Sarawak Chief Minister’s Office in a statement today said Dr Mahathir made this point during his meeting with the state’s Chief Minister, Datuk Patinggi Abang Johari Tun Openg and Sabah Chief Minister, Datuk Seri Mohd Shafie Apdal in Putrajaya on Monday.

“During the 90-minute meeting, the prime minister invited both Sarawak and Sabah to explore the idea of owning stakes in Petronas, taking into consideration that the national oil company is a global oil company, with concessions overseas, particularly in Central Asia, Africa and North America,” it said.

During the meeting, Abang Johari told Dr Mahathir that Sarawak had to study the proposal in depth, saying that he wanted to strengthen the participation of state-owned oil and gas company, Petros, in the industry’s downstream and upstream activities in Sarawak.

-- BERNAMA

 





    Other News

Bank Pembangunan Malaysia will support its customers to weather the COVID-19 storm

KUALA LUMPUR, March 28 -- Bank Pembangunan Malaysia Bhd (BPMB) will provide all relevant support to its customers facing difficulties including granting a moratorium on repayments/payments of loans/financings for a period of six months.


TNB pledges RM150 mln to support tiered electricity rebate

KUALA LUMPUR, March 27 – Tenaga Nasional Berhad (TNB) has pledged RM150 million to support the government’s announcement of a tiered electricity rebate to assist affected Malaysians following the extension of the Movement Control Order (MCO) period until April 14.


Minister expresses confidence in TNB’s preparedness during MCO

KUALA LUMPUR, March 26 -- Energy and Natural Resources Minister Datuk Dr Shamsul Anuar Nasarah has expressed confidence on the preparedness of Tenaga Nasional Bhd (TNB) in revving up its capacity to meet electricity supply demand in the Peninsula during the Movement Control Order (MCO).


    Main Sponsor


    Quotes



© 2020 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy | Security Policy This material may not be published, broadcast,
rewritten or redistributed in any form except with the prior written permission of BERNAMA.

Best viewed in Firefox 58.0.1 (64-bit) & Chrome Version 63.0.3239.132 (Official Build) (64-bit) with 1920 x 1080 resolution

Contact us :
General [ +603-2693 9933, helpdesk@bernama.com ]
Product/Service Enquiries [ +603-2050 4466, portal@bernama.com ]