Sarawak govt assumes control of oil and gas resources in Miri, Marudi

Sarawak govt assumes control of oil and gas resources in Miri, Marudi - Hello loyal readers FeedGoogle, In the article you are reading this time with the title Sarawak govt assumes control of oil and gas resources in Miri, Marudi, We have prepared this article well for you to read and take information in it. hopefully the contents of the post Article Malaysians, what we write you can understand. Alright, happy reading.

The Sarawak government has issued mining leases to its oil and gas (O&G) company, Petroleum Sarawak Bhd (Petros), to carry out onshore mining of O&G, marking the beginning of efforts to exercise the state’s constitutional rights to regulate onshore oil mining.Chief Minister Abang Johari Openg, who made the announcement last night, said the leases were for Adong Kecil West in the Miri district and the Engkabang block in the Marudi district.“The state government, through Petros, will have control of, and legal titles to, all the oil and natural gas produced from the onshore areas, and to select and appoint contractors or enter into ventures with investors to explore and produce O&G from onshore Sarawak,” he said.Johari was speaking during a Petros dinner for the state’s O&G industry players here.He said the issuance of the leases was made possible through the sta…