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Talks with Sarawak on oil and natural gas rights hit impasse as Petronas mulls legal options

Channel News Asia LogoChannel News Asia6h ago

Talks with Sarawak on oil and natural gas rights hit impasse as Petronas mulls legal options - Channel News Asia

Quick Summary:

PM Anwar Ibrahim faces a delicate challenge on the matter, with a well-placed senior government official telling CNA that the prime minister wants Sarawak's demands to be managed "at the corporate level with Petronas without involving the federal government”.

In recent months, the state government led by Premier Abang Johari Openg has intensified the pressure on Putrajaya for greater autonomy under a charter when Sarawak and neighbouring Sabah joined then-Malaya to create the Federation of Malaysia in 1963, which at the time included Singapore.

Mr Anwar, who took over the premiership in November 2022 after an inconclusive general election, faces a delicate economic and political challenge in dealing with Sarawak because of the crucial role it plays in propping up Malaysia’s unity government made up of more than a dozen parties.


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Talks with Sarawak on oil and natural gas rights hit impasse as Petronas mulls legal options - Channel News Asia (Picture 1)Talks with Sarawak on oil and natural gas rights hit impasse as Petronas mulls legal options - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-07 @ 06:00:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 792 words

Reading Time: 5 minutes read

Sentences: 20 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22395387

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About Channel News Asia

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 37 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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