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Sabah-Petronas partnership in state’s best interests, says minister

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Sabah and Sarawak affairs minister Mustapha Sakmud calls for the national oil and gas industry to be protected, even as Sarawak charts its own course.

KUALA LUMPUR: Sabah respects the different path Sarawak has taken over oil and gas resources but has chosen to collaborate with Petronas in the state’s own best interests, says Sabah and Sarawak affairs minister Mustapha Sakmud.

In an exclusive interview with FMT, Mustapha acknowledged that the two East Malaysian states have adopted vastly different approaches to the matter.

“Sabah’s approach is a joint venture with Petronas,” he said, highlighting the commercial collaboration agreement struck by chief minister Hajiji Noor’s state administration with the national oil and gas company in December 2021.

Tags:Commercial Collaboration Agreement (CCA)Federal Constitutioninvestor confidenceoil and gasPetroleum Development Act 1974 (PDA)PetronasPetrosSabahSarawak


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