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See Chee How
KUCHING (December 8): Sarawak has been defrauded in the trade agreement that the state government had signed yesterday with Petroliam National Berhad (Petronas), said Batu Lintang Assemblyman See Chee How.
He said that what was most disappointing and unacceptable to all Sarawakians was the fact that the state government had given ground on the constitutionality and legality of the application of the provisions of the Petroleum Development Act (PDA) 1974.
“This was despite the fact that it was repeated over and over again, inside and outside the State Legislative Assembly (DUN), that the state will never and we will not give up our oil and gas property rights within the territory of Sarawak”, he said in a statement today.
The PSB presidential council member said that Prime Minister Tan Sri Muhyiddin Yassin had made it clear in his statement that after the settlement agreement, Petronas will continue to play its role as the national oil company with full authority and power over general regulation and the development of the oil and gas industry in accordance with the laws of the country.
“The state government, on the other hand, through the speech delivered by Chief Deputy Minister Datuk Amar Awang Tengah Ali Hasan, made a veiled concession that Petronas has full decision-making authority and management of offshore oil operations in the territory of Sarawak.
“Although the statements issued by all parties are cautiously worded in vague and ambiguous terms, it does not conceal or conceal the fact that the validity of all the provisions of the 1974 PDA, the 1966 Continental Shelf Act and the Territorial Sea Law of 2012 is now being given full recognition, to the detriment of Sarawak and Sarawakians, ”he said.
Ver said that Sarawak and the people of Sarawak have demanded integrity, full autonomy and sovereign rights over the territory of Sarawak and the management of all resources within the territory of Sarawak, in accordance with the laws.
“However, aspirations have now been greatly reduced and shrunk to have a greater degree of participation in the management of our oil and gas resources in areas both onshore and offshore; enjoy a more equitable share of income from these resources; receive greater investment opportunities for the State, both in the upstream and downstream sectors; ensure the availability of natural gas produced in the State at fair prices to promote the State’s industrial development agenda; and that Petronas continue and expand its current supplier development programs, as well as provide more opportunities for Sarawak companies to participate in the oil and gas sectors, such as in the award of contracts for supply and service works, ”he said. .
He pointed out that it is the moral responsibility and legal obligation of the state government to disclose the full terms and conditions of the trade settlement agreement, to explain and demonstrate that Sarawak and all Sarawakians are not being scammed by it.
He said that the state government must include the terms deliberate and accepted by the Malaysia Agreement DUN Advisory Committee (MA63) that any business agreement or agreement with Petronas that allows them to continue with their Sarawak Operation must include, among others, the following terms o agreements that is, the state government and Petronas must design and implement a five-year localization plan to carry out the administration, management and full Sarawak operation of Petronas Operation Sarawak, which includes, among others, the concession of full autonomy in the awarding and management of contracts for the management of existing and future assets within the Sarawak territory; Sarawak receives 50 percent ownership of assets and 20 percent of net proceeds from all operations of existing and future assets in the state; and declare Sarawak’s ownership and sovereign rights, powers, freedoms and privileges to explore, prospect, exploit, earn and obtain oil, whether on land or offshore, including the granting of oil and gas mining leases and entering into production contracts on the remaining blocks and potential oil and gas fields that have not yet been awarded with production sharing contracts (PSC).
“While the state government had accepted the other recommendation of the Advisory Committee to establish a state sovereign wealth fund to carry out all upstream and downstream oil and gas projects in Sarawak to ensure that all Sarawakians have a share of our valuable oil resources in Sarawak, we are now left with little capital or funds and core assets to start our state investments and operations, ”See said.
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