Mon, 20 May 2024

HEADLINES :


Reveal how much states got in 5pc royalty: Ex-MP
Published on: Friday, May 10, 2024
Text Size:

Reveal how much states got in 5pc royalty: Ex-MP
Hiew said it is of public interest that Sabah and the Federal Government have the duty to disclose the amount received by Sabah on the five percent oil and gas revenue paid during the past 15 years by Petronas (Petroleum National Berhad).
Kota Kinabalu: Sabahans should not be kept in the dark as far as this the five percent oil and gas sharing is concerned, said former Kota Kinabalu MP Datuk Hiew King Cheu. 

He said it is of public interest that Sabah and the Federal Government have the duty to disclose the amount received by Sabah on the five percent oil and gas revenue paid during the past 15 years by Petronas (Petroleum National Berhad).

“This is set under the Petroluem Development Act 1974 and the Production Sharing Agreements.

“There must be a clear account of how much we were receiving, and this is to show the accountability and transparency of the government. 





ADVERTISEMENT






Top Stories Today

Sabah Top Stories


Follow Us  



Follow us on             

Daily Express TV  







close
Try 1 month for RM 18.00
Already a subscriber? Login here
open

Try 1 month for RM 18.00

Already a subscriber? Login here