PM Says Federal Govt And Sarawak Have Agreed On Petronas, Petros Roles

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PM Says Federal Govt And Sarawak Have Agreed On Petronas, Petros Roles - Business Today

Quick Summary:

Prime Minister Datuk Seri Anwar Ibrahim announced that the Federal Government has resolved the ongoing dispute between Petronas and Petroleum Sarawak Berhad (Petros) over oil and gas operations in Sarawak.

Over the past few years, the state has aggressively asserted its rights over natural resources through Petros, its own oil and gas company.

In the midst of the row, Prime Minister Anwar had publicly urged both parties to refrain from making further statements to avoid exacerbating the situation.