Sabah O&G players query sincerity of Petronas

Kota Kinabalu: Sabah oil and gas players have taken Petronas to task for not honouring its words to award 30 per cent of its project contracts to Sabah companies.

Expressing deep concern over the lack of concrete action from Petronas, Sabah Oil and Gas Service Council (SOGSC) Deputy President Francis Jepiuh said:

“Despite repeated assurances from Petronas to the State Government, we have observed an unsettling trend of Sabahan companies being overlooked in recent contract awards to non-Sabahan vendors who do not possess the capacity and capability to execute the projects.

Stay up-to-date by following Daily Express’s Telegram channel.

Daily Express Malaysia

“This raises serious questions about Petronas’ commitment to its own promises and to the Regional Mandated Tender Threshold limits (RMTT) and priority SWEC (standard work and equipment category) implemented to increase Sabah local content.

SPONSORED CONTENT

Electrifying windows of opportunity in Sabah - The right policies, collaborations, and strategies can turn emerging opportunities into victories for all parties in Sabah.

CHIEF Minister Datuk Seri Panglima Hajiji Noor’s 2021 Hala Tuju Sabah Maju Jaya Plan and the Sabah Economic Development and Investment Authority (SEDIA) have laid out a road map to an exciting future for all Sabahans, with a target of increasing Sabah’s income levels and GDP per capita from about RM 23,000 to about RM 40,000 by 2030.

“The oil and gas industry in Sabah holds immense potential for our local companies, and we have witnessed tremendous progress in building their capabilities.” Francis said, however, this potential remains unrealised without Petronas’ unwavering commitment to its 30 per cent local content pledge.

Dear Daily Express reader,

Ever since 1963, before the formation of Malaysia, The Daily Express has kept the public well-informed as well as helped shape Sabah & Labuan's development for 60 years.

By subscribing you are supporting many of our award winning journalists - the first newspaper to win the Prime Minister's award for excellence in Journalism - who work tirelessly to bring you the facts and news that matter.

We are also the only newspaper to achieve a world scoop in the Nick Leeson saga in 1995.

Your subscription helps to hold those in power accountable. Subscribe today to support exclusive, local and independent journalism.

Subscriber Log-in here Subscribe now To unlock this article sign in here

Try 1 month for RM 18.00

Try 1 month for RM 18.00

Try 1 month for RM 18.00