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Sunday, January 6, 2013

15pct oil royalty won't bankrupt Petronas


The Sabah Progressive Party (SAPP) has questioned BN's Kota Belud MP Abdul Rahman Dahlan's reasoning that Petronas will go bankrupt should the government heed its demand for 15 percent in oil royalties.

SAPP's supreme council member, Peter Marajin, said that if Petronas cannot manage its operations, after this increase in oil royalty to Sabah, then Abdul Rahman should advise the national oil company to possibly close shop.

"It would be prudent for Petronas to give back its operation to the Sabah state government. The state government would then decide either to manage its oil industry by itself or award it to competent oil companies like Shell or others.

"After all, after 36 years, Sabahans have not benefited much from their very own oil and gas resources. In fact, Sabah has turned into the poorest state in the country," he said in a statement.

Marajin, who is also a lawyer, said it was absurd for Petronas to only complain now about its operating costs and non-profitability after 36 years in operation.

It is akin to like a father having dinner with his children, saying: "This fish taste awful, discouraging them from even touching it, yet eating it all by himself".

He emphasised that oil is a state owned natural resource and if it was not profitable, why then did the federal government saw it fit "to snatch" this important source of revenue from Sabah in the first place.

Dahlan (left), Marajin (right)
Marajin was commenting on Abdul Rahman's (right) statement in the Borneo Post yesterday where the federal lawmaker, was quoted as saying that the 15 percent oil royalty "may lead to Petronas bankruptcy".

Abdul Rahman, said that based on the current formula, for every RM100 in revenue derived from Sabah's oil, five percent goes to the state's coffers and five percent to the federal government.

"Approximately 45 percent goes into recovery cost, and the remaining 45 percent goes to the joint venture's gross profit. In the end, it is as clear as the dawn that Petronas' profit, after splitting revenue with others and after paying taxes, is only around 16.74 per cent."

"If Petronas is asked to pay up the 15 per cent from its profit margin, this would effectively render them unable to pay their overheads, financial commitments and re-investment for future income. The end result would be a financial blow which may lead to bankruptcy," the BN MP said.

Petronas not transparent 

However Marajin claimed that Petronas has never been transparent in its operations and financial accounts from 1976 till today.

"Why is Petronas so secretive? Since this natural resource belongs to the rakyat of Sabah, the people have every right to know its operations and financial position. Petronas' money is the Sabahans' money.

"Hence, the Petronas' account must be subject to public scrutiny."

He said the only small piece of information that the public has about Petronas' operation is that Sabah produces about one million barrels of crude oil per day, out of which five percent goes to Sabah and another five per cent goes to the federal government.

"After deducting operating costs, the net profit of the remaining 90 percent of the barrels goes to the federal government being the sole shareholder and beneficiary of Petronas.

Marajin said a rough calculation based on the above information showed that Sabah gets 50,000 barrels a day, being the five percent which equals roughly to RM13.7 million a day.

"A year is RM4.97 billion. Now, how much net profit does the federal government get out of the remaining 90 percent or 900,000 barrels a day is anyone's guess.

"Hence, if the federal government cannot manage Petronas, give back the operations to the Sabah state government," he reiterated.

132 comments:

  1. Sabahans should view Petronas’ contribution to the development of the state’s oil and gas sector positively. There was no doubt that Petronas was already contributing to the state’s economy especially in terms of creating employment and business opportunities.

    ReplyDelete
    Replies
    1. Walaupun ada perkembangan yang dibuat oleh Petronas, tetapi harus juga Petronas mengkaji isu royalti. Kadar royalti masa kini memang tidak memihak kepada Sabah.

      Delete
    2. JEFF AMBUYAT KINDLY STOP SPAMMING THESE PAGES! ONE COMMENT DOES NOT NEED 1 MILLION POSTINGS!

      ALSO WE AWARD YOU THE GOLD MEDAL FOR BEING AN UMNO CBYER HACK & SPAMMER!

      WHAT IS SO GREAT ABOUT "FEDERAL" & PETRONAS STEALING OUR OIL LIKE UMNO STEALS EVERYTHING?

      REMEMBER IN THE TALE OF ALI BABA AND THE 40 THIEVES? THE 40 THIEVES GOT COOKED IN OIL!

      THAT IS THE MORAL OF THE STORY.

      PETRONAS UNDER UMNO WILL ONE DAY MEET THE SAME FATE WITH ITS ILLEGAL THIEVING.

      Delete
    3. Kadar loyalti adalah hak oragn Sabahan. Harus juga dipertingkatkan lagi.

      Delete
  2. For instance, all Petronas petrol stations in the state is 100 per cent owned by locals and this does not include opportunities for local contractors to partake in the massive projects undertaken by the national oil corporation in Kimanis and Sipitang.

    ReplyDelete
  3. Petronas’contribution to the state must be viewed in the overall context and not from the point of royalty alone.

    ReplyDelete
    Replies
    1. Royalty indeed a right time to adjust.

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    2. Perkembangan adalah satu hal, isu royalti juga satu hal yang lain. Tidak harus dikaitkan.

      Delete
  4. Petronas has been forging ahead with upstream and downstream oil and gas projects involving a combined capital investment of RM45 billion.

    ReplyDelete
  5. The oil corporation was now moving full steam ahead with attention focused on Petronas’ massive investment in Kimanis and Sipitang, which included the Sabah Oil Gas Terminal, the Kimanis Gas Fired Power Plant Ammonia and the Urea Plant Project in Sipitang.

    ReplyDelete
    Replies
    1. The investments will result in great economic spin-offs for thousands of Sabahans residing in Papar, Kimanis, Beaufort and Sipitang.

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    2. Petronas contribute a great working opportunity to Sabah.

      Delete
  6. FEDERAL GOVERNMENT COLLECTS MORE THAN IT SPENDS IN SABAH

    This is yet another irresponsible claim by the opposition to gain sympathy votes in Sabah. It is a very powerful lie which if not countered factually, could result in deep division and hatred towards the Barisan Nasional federal government.

    ReplyDelete
  7. FEDERAL GOVERNMENT COLLECTS MORE THAN IT SPENDS IN SABAH

    Let's address this issue objectively and see if it is true that the federal government has been taking so much of Sabah's resources (including oil money) but giving back so little in return.

    ReplyDelete
  8. FEDERAL GOVERNMENT COLLECTS MORE THAN IT SPENDS IN SABAH

    The following two illustrations show what federal government collected in Sabah in 2011 and how much it had spent in Sabah in the same year.

    Image 1
    Image 2

    ReplyDelete
  9. FEDERAL GOVERNMENT COLLECTS MORE THAN IT SPENDS IN SABAH

    Contrary to lies spawned by the opposition, the federal government actually spent more (by a whopping RM4.736 billion) in Sabah in 2011 compared to what it collected in the same year!

    ReplyDelete
  10. FEDERAL GOVERNMENT COLLECTS MORE THAN IT SPENDS IN SABAH

    The statistics, which were made available by Bahagian Analisa Cukai dan Bahagian Pengurusan Belanjawan, Kementerian Kewangan Malaysia, went as far back as 2007 and had breakdowns for each federal ministry.

    ReplyDelete
  11. FEDERAL GOVERNMENT COLLECTS MORE THAN IT SPENDS IN SABAH

    It showed the same consistent trend of federal government spending more in Sabah than what it collected in each year. Nothing is more revealing than the truth and fact! Statistics, in the end, don't lie.

    ReplyDelete
  12. FEDERAL GOVERNMENT COLLECTS MORE THAN IT SPENDS IN SABAH

    For the year 2012 onwards, there is no reason to believe the trend will reverse itself especially when Dato Sri Najib Tun Razak has made it very clear that special emphasis will be placed on Sabah's development under his economic transformation program.

    Towards this, Barisan Nasional Sabah is happy to note that to date, the Prime Minister has not disappointed Sabahans.

    ReplyDelete
  13. NEGARA atau NEGERI mendapat pendapatan samada daripada berbagai cukai atau pungutan seumpamanya atau dalam bentuk royalti.

    ReplyDelete
    Replies
    1. Ini adalah penting untuk pembangunan yang berterusan.

      Delete
  14. Bagi negeri yang mempunyai sumber alam, maka pendapatan daripada royalti merupakan pendapatan segera, manakala negeri yang tidak mempunayi sumber alam, maka pendapatan berpunca daripada berbagai bentuk cukai.

    ReplyDelete
  15. Secara umumnya, negara mendapat pendapatan daripada cukai yang menyumbangkan sebahagian besar pendapatan negara; manakala royalti berkisar sekitar 30 bilion setahun, berbanding pendapatan negara yang menghampiri setengah trilion ringgit setahun.

    ReplyDelete
    Replies
    1. Keuntungan yang didapati harus disalur kepada kerajaan negeri untuk perkembangan dan projek pembangunan ekonomi.

      Delete
  16. Kini, rakyat negara ini hanya nampak sumbangan royalti terutama daripada minyak dan gas. Di Sabah, perbincangan mengenai royalti bermula sejak tahun 70-an sebelumpun Petronas berkembang maju.

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  17. Masalah royalti berlarutan dan hanya pada tahun 1976 persetujuan mengenainya tercapai. Dalam perjanjian itu, negeri-negeri yang mengeluarkan minyak dan gas akan dibayar 5 peratus dalam bentuk royalti. Peratusan itu kekal hingga kini.

    ReplyDelete
    Replies
    1. Kadar ini tidak harus berkekalan selama berpuluh tahun, kadar ini harus diberi mengikut inflasi.

      Delete
  18. Pembangkang mengambil peluang mengenai peratusan royalti minyak, walaupun peratusannya hanya lebih sedikit 10 peratus daripada jumlah pendapatan tahunan negara, berbanding sumber daripada cukai-cukai lain, namun royalti minyak dan gas menjadi "penting" kerana cara pembangkang mempersembahkannya kepada rakyat.

    ReplyDelete
    Replies
    1. cara pembangkang menghasut rakyat, mengutuk kerajaan dan menjanjikan bulan dan bintang...

      Delete
    2. Jika difikir secara rasional, loyalti harus dikaji semula untuk kebaikan oragn Sabahan.

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    3. Royalti pasti akan di kaji semula untuk kepentingan rakyat Sabah.

      Delete
  19. Pembangkang dalam usahanya menarik sokongan rakyat Sabah berjanji akan menaikan royalti daripada minyak dan gas daripada 5% kepada 20% jika mereka berjaya menduduki Putrajaya.

    ReplyDelete
    Replies
    1. janji pembangkang ini hanya cantik di bibir...hakikatnya pembangkang juga sedar dan tahu akan keperluan dan kos yang akan ditanggung jika keseimbangan sedia ada diganggu..

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    2. Pembangkang memainkan isu royalti untuk memancing undi rakyat.

      Delete
  20. Setelah sekian lama, cadangan pembangkang itu diremehkan oleh para pemimpin BN, sehinggalah Ketua Menteri Sarawak Pehin Seri Taib Mahmod menyuarakan akan meminta kerajaan pusat mengkaji isu royalti minyak bagi negeri-negeri yang mengeluarkan emas hitam itu.

    ReplyDelete
  21. Berikutan suara Ketua Menteri Sabah itu, kini para pemimpin Sabah turut bersetuju dengan cadangan Ketua Menteri negeri jiran itu.

    ReplyDelete
  22. Adalah satu kelajiman dalam ekonomi, jika satu bahagian ditambah, maka akan mengurangkan bahagian lain. Konsep keseimbangan, senantiasa demikian.

    ReplyDelete
  23. Dalam kaedah sekarang, walaupun negeri-negeri pengeluar minyak dan gas mendapat bayaran 5%, namun peruntukan daripada kerajaan pusat terus mengalir.

    ReplyDelete
    Replies
    1. Sabah deserve more than what is given.

      Delete
    2. Kerajaan Sabah tetap di beri perhatian oleh kerajaan dalam segi pembangunan.

      Delete
  24. Kenaikan royalti minyak nampak sedap dipandang dalam jangka pendek, namun secara jangka panjang tidak menguntung negara secara keseluruhan.

    ReplyDelete
    Replies
    1. barangkali pembangkang mahu mengaut keuntungan untuk diri sendiri dengan menjanjikan royalti minyak dinaikkan jika berkuasa selepas pru13 nanti.

      Delete
  25. Wang yang digunakan untuk menjana pulangan yang besar lebih bermanaafat kepada negara, berbanding jika wang itu digunakan dengan tidak mendapat pulangan.

    ReplyDelete
    Replies
    1. The money should use to generate continue income and profit.

      Delete
  26. Hanya secara akademik, perkara ini boleh difahami, bagaimana sumbangan daripada hasil bumi bermanafaat kepada negara; kepada rakyat biasa, mereka hanya melihat angka peratusan sebab 20 itu lebih besar berbanding 5. Apa ada pada angka? umpama wang RM 100,000 dilabur pada sebuah restoran di kampung yang tidak mempunyai pelanggan yang ramai berbanding melabur restoran di KLCC. Fikir-fikirkan lah.

    ReplyDelete
  27. Petronas telah membelanjakan 80% daripada hasil petroleum untuk kerja mencarigali dan kos operasi.

    ReplyDelete
  28. Anggap sahaja harga minyak mentah dunia pada kadar RM100 setong. Petronas telah mengeluarkan kos RM80 untuk mendapatkan setong minyak dan hanya berbakinya RM20. RM5 telah diserahkan kepada Kerajaan Negeri Sabah sebagai royalti dan RM10 lagi diserahkan kepada Kerajaan Persekutuan untuk menanggung kos subsidi minyak sejumlah RM90 billion setahun; manakala RM5 lagi adalah untung kasar Petronas untuk biasiswa dan sebagainya.

    ReplyDelete
  29. Oleh itu, jika Petronas menyerahkan RM20 atau 20% kepada Sabah, apakah keuntungan yang diperolehi Petronas, sedangkan Petronas memerlukan dana untuk meneruskan kerja dan kontrak carigali di 46 negara di dunia? Bagaimana Petronas mahu membiayai subsidi minyak yang semakin meningkat?

    ReplyDelete
  30. apa relevannya pihak tertentu memperdaya rakyat Sabah dengan isu kenaikan royalti minyak sedangkan isu ini sukar untuk dibuktikan secara logik, melainkan prasangka jahat terhadap Kerajaan Persekutuan yang didakwa bersikap tidak adil kepada rakyat Sabah.

    ReplyDelete
  31. Selain royalti, Petronas mungkin boleh menambah pakej menarik untuk Sabah; terutama Projek Gas di Kimanis dalam bentuk ekuiti atau memberi saham kepada setiap rakyat Sabah sebagaimana peranan Yayasan Sabah di era Tun Mustapha; memberi dividen tunai di atas keuntungan balak Yayasan Sabah.

    ReplyDelete
    Replies
    1. Betul, projek Kimanis memberi peluang pekerjaan yang lebih banyak kepada belia di Sabah.

      Delete
  32. Musa berkata wang dari hasil minyak Sabah disalurkan semula ke negeri itu melalui perbelanjaan oleh kerajaan persekutuan.

    ReplyDelete
  33. Dr M Urges Malaysia Not to Be “Hoodwinked” by Anwar

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    Replies
    1. Anyone curious as to whether Tun Dr Mahathir Mohamad and Datuk Seri Anwar Ibrahim have recently reconciled may rest assured that there is no danger of such an event. In a recent post on his blog, Tun Mahathir compares the Opposition – and both explicitly and implicitly, Anwar – to US President Barack Obama, whom he accuses of making empty promises in order to be elected only to cast them aside once in office.

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    2. Dr M's critique begins with Pakatan Rakyat's extravagant and unfunded promises: "Everything will be free. No fees for education. No tolls. Large subsidy for petrol. 20% royalty to oil producing states etc.(, )etc." Observant readers might note that these are not so much Pakatan promises as Anwar promises.

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    3. As one reads farther, one discerns that aside from a backhanded aside on his old nemesis PAS, Tun Mahathir is concerned first and foremost with Anwar. "Malaysians must not allow themselves to be hoodwinked as I was hoodwinked by the appearance of religious piety in the past," he says, in a clear allusion to the manner in which he embraced the former street protester and brought him into Government.

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    4. Dr M's critique is hardly a new one, and it appears that he is taunting his old deputy. "Already we see this person who claims to fight for free speech suing and resorting to the courts to shut the mouths of his critics. Other powers of the Government will be similarly abused. Nepotism and cronyism will be employed as indeed they are in the party he now heads." One vaguely senses that Tun Mahathir, who has been the target of – and survivor of – Anwar's proclivity to use the courts to win the battles he cannot through argument, is rather hoping that the Opposition leader tries again.

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    5. The enmity between the two men is not a new story, but it appears that Tun Mahathir is determined to bury his old ally once and for all. He has ample reason to do so. Anwar makes a great deal out of the way his conviction in Sodomy I was eliminated on appeal, but says very little of how his corruption conviction was repeatedly confirmed. Anwar's attempt to implement the International Monetary Fund's solution to the Asian Financial Crisis – without, as Dr M notes, IMF loans – and in direct contradiction to his Prime Minister's solution, very nearly destroyed Malaysia's economy.

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    6. Anwar's efforts to bring down Mahathir at the Umno General Assembly in 1998 – chronicled most recently, but hardly exclusively, in the I-Files by 'Jonathan Smith' – despite Anwar's later protestations of innocence as the summer of 1998 dragged on, effectively destroyed the two men's relationship forever. An effort to bring down the democratically-elected Prime Minister is a great thing for novels, but hardly good governance, especially during a massive financial crisis.

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    7. Tun Mahathir's critique is not however a mere fit of pique. By any reasonable measure, Anwar and his Opposition pact have provided more than enough for any rational observer to believe that they cannot possibly be serious in the scope of their election promises. As reported by The Choice and others, Pakatan are vague about how they will be able to afford all of the programmes they have promised, usually making unspecific promises to eliminate corruption and waste, a promise made the world over by those who know they cannot keep it and cannot identify other revenue.

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    8. Dr M readily picks up on this theme.

      "The reality is that all Governments need money in order to develop the country and to subsidise living cost for the people. But when Government foregoes taxes, tolls and fees, it will have less money. But it will still have to spend money on running and maintaining utilities, expressways, schools, hospitals, operational and development cost, pension, subsidies, etc. ... Borrowing is okay if the money is invested and giving a return to repay the loans. But borrowing money in order to just spend will lead to non-payment of debts."

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    9. Amongst Anwar's many headaches these days, a return of Dr M is not one he likely wishes. As much as his most ardent supporters might spoil for a fight with the longest-serving Prime Minister in the nation's history, the old warrior maintains one of the highest approval ratings in the country. Anwar does not.

      This is a fight Anwar cannot win. It will be interesting to see if he tries nevertheless.

      Delete
  34. Oil royalty still been discussed about.

    ReplyDelete
    Replies
    1. we just wait n see the positive news soon.

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    2. Topik ini harus dikaji dan mendapat rumusan yang baik untuk semua pihak khas orang Sabahan.

      Delete
  35. The Federal government wants to be an intervener in the suit filed by the Kelantan state government against Petroliam Nasional Bhd (Petronas) over oil royalty.

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  36. High Court Judge Zabariah Mohd Yusof set March 22 to hear the government's application to be the intervener and to be named as the second defendant in the suit.

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  37. There is nothing stopping the people of Sabah from calling upon the State Government to seek a re-negotiation with the Federal Government and Petronas on the quantum of oil royalty.

    ReplyDelete
  38. The federal government has always been generous to Sabah and has given billions of ringgit in allocation to develop the state.
    It is therefore important to keep this in mind when talking about oil royalty.

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  39. What matters is the fact that the federal government has allocated billions of ringgit under the five-year Malaysia Plans as well as under the Sabah Development Corridor and stimulus packages

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  40. Musa also said the Prime Minister understood that Sabah as the second largest state in country needed a lot of financial support especially to develop its rural areas.

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  41. Upko feels the State Government has nothing to lose in seeking an oil royalty increase from the Federal Government and has been conveying the same since former Prime Minister Tun Abdullah Ahmad Badawi's era.

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  42. United Pasok Momogun Kadazandusun Murut Organisation (Upko) President Tan Sri Bernard Dompok said it is already public knowledge when Abdullah (was Prime Minister) that they had an occasion to discuss the matter.

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  43. Sabah should press for a wider access to its natural gas reserves to boost economic development rather than getting stuck "in the stale idea of demanding for higher oil royalty from the Federal Government," Industrial Development Minister Datuk Raymond Tan said.

    ReplyDelete
  44. a number of potential major investors who are eyeing Sabah have a common concern - energy security.

    ReplyDelete
    Replies
    1. Investor is more eyeing in Sabah because of many factor including its strategic location.

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  45. Tan believed that the Sabah Government can make a strong case to the Federal Government for wider gas utilisation on the basis of the economic growth forecasts of the Sabah Development Corridor (SDC) blueprint and the New Economic Model.

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  46. The New Economic Model (NEM) targets Malaysia's GDP per capita to increase from US$7,000 to US$15,000 in 10 years with an annual GDP growth of about 6.5 per cent.

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  47. Even though the State only receives five per cent in oil royalties from Petronas, Sabah does in fact obtain other financial assistance from the Federal government that is largely from the national oil company’s re

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  48. Chief Minister Datuk Seri Musa Haji Aman said under the Ninth Malaysia Plan, Sabah was among the states given the largest allocation at RM22.033 billion including an allocation under the Private Finance Initiative.

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  49. Periodically, it also receives special allocation for the Sabah Development Corridor amounting to RM1.277 billion, a special grant of RM1 billion and RM150 million under the Second Economic Stimulus Package.

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  50. The State government is most satisfied with the assistance rendered by the Federal government thus far and pledges to continue the good working relationship between the governments to ensure greater financial allocation in the future.

    ReplyDelete
  51. Under the Petroleum Development Act 1974, all discoveries on petroleum and exclusive rights, power and privileges are placed under Petronas.

    ReplyDelete
    Replies
    1. Shouldn't the Petroleum Development act be revised now that it's already 2013?

      Delete
  52. Musa added that the State government will continue proposing to Petronas to create industries related to oil and gas in Sabah.

    ReplyDelete
    Replies
    1. A training centre will be set up by Petronas to help local Sabahans be involved in the oil and gas industry.

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  53. Chief Minister said the State government is progressively adding and increasing allocations for development every year.

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    Replies
    1. Federal government has been giving more allocation to Sabah and Sarawak in recent years.

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  54. Under the Ninth Malaysia Plan, the state government set aside RM4 billion for development while RM1 billion was allocated in the development budget for 2009-2010.

    ReplyDelete
  55. SAPP tawar 15%, PR tawar 20%? dengar PR+SAPP...tidak jadi kah?

    ReplyDelete
    Replies
    1. Ingat senang kah tu, tengoklah sama ada mereka boleh melaksanakan janji beri 10% ataupun 20%. Nanti jangan pura-pura tidak ingat.

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    2. Manifesto saja tu..tidak akan dilaksana.

      Delete
    3. sekarang pembangkang janji mau naikkan royalti sampai 20%.. Ini lagi janji manis dari pembangkang.

      Delete
  56. Ada pula yang tawarkan 50-70%. bukan STAR ka itu??

    ReplyDelete
    Replies
    1. Cakap saja senang, cuba kalau minta dia laksanakan.

      Delete
  57. Five of Petronas' key projects in Sabah valued over RM10 billion will start coming on-stream this year, marking an important milestone for the State's oil and gas industry.

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    Replies
    1. The projects are the Sabah Oil and Gas Terminal (SOGT), the Sabah-Sarawak Gas Pipeline (SSGP), the Kimanis Power Plant (KPP), the Kimanis Petroleum Training Centre (KTC) and the Kinabalu Non-Associated Gas (NAG) upstream development.

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    2. Petronas Sabah and Labuan Chairman Joseph Podtung (pic) said these projects have been progressing well and achieving targeted milestones in their respective implementations.

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    3. He added these projects act as catalysts for further growth of Sabah's economy and will create spin-off effects to further spur economic activities, ample jobs for the people and opportunities for Sabah companies to participate.

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    4. "These projects, many of which are world-scale, are part of Petronas' overall plan to optimise the value of the oil and gas resources found offshore Sabah.

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    5. "In 2011, Petronas had announced a host of projects, both upstream and downstream involving a combined capital expenditure of RM45 billion which had excited many and these have been showing significant progress especially in Kimanis area.

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    6. "The total expenditure of RM45 billion also included the Sabah Ammonia Urea Plant (Samur) in Sipitang and the Lahad Datu Regasification Terminal," he said, at a luncheon with Sabah media, Thursday.

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    7. He said Petronas has 13 producing oil fields, three gas fields and one gas terminal in Sabah and Labuan. Between 2009 and 2011, he said Petronas awarded 45 contracts worth RM1.07 billion to Sabah companies and more than 20 Sabah-based companies participated in SOGT and SSGP projects.

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    8. "SOGT in Kimanis involving a total investment of RM3.8 billion is an onshore oil and gas receiving, storage, processing and export terminal.

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    9. "It will receive oil and gas via subsea pipelines from three offshore upstream projects namely Gumusut-Kakap, Kebabangan and Kinabalu NAG.

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    10. "It is expected to receive gas in the third quarter of this year and the facility to receive oil is expected to be completed in the first quarter of 2014.

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    11. "Once fully completed, the SOGT will have a capacity of 260,000 barrels per day (bpd) of oil, 1,250 million standard cubic feet per day (mmscfd) of natural gas and 77,000 bpd of condensates," Podtung said.

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    12. The RM4.6 billion SSGP, he said, is expected to be ready by the fourth quarter of this year and the construction for the Sabah side of the 512km pipeline, involving a length of 82km, has been completed.

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    13. On the RM1.5 billion Kimanis Power Plant (KPP) project, he said the first block of the 300MW plant is expected to be ready by the third quarter this year while the other two blocks of the power plant are to be completed in the first and second quarter of 2014, respectively, "Kinabalu NAG is one of three upstream projects under the Sabah-Sarawak Integrated Oil and Gas Project (SSIOGP) implemented by Petronas.

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    14. "The other two projects are the Gumusut-Kakap (oil production) and Kebabangan (gas production) and all these three projects involved a total investment of RM28 billion for upstream development which are being pursued and progressing as planned.

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    15. "The first gas production is expected from the Kinabalu NAG by the third quarter of this year," he said.

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    16. According to Podtung, the RM30.5 million permanent campus of Kimanis Petroleum Training Centre (KTC) located just across the SOGT will be completed in the second quarter of this year.

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    17. So far, KTC has taken in 48 trainees through two intakes in July 2011 and July last year and they are currently studying at KTC's temporary premises in Membakut Jaya.

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    18. "These efforts would help develop the skills and capabilities of Sabahans to give them employment opportunities and help support the growth of the oil and gas industry in Sabah," Podtung said.

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  58. Cadangan untuk mewujudkan mekanisme atau jawatankuasa bagi mencari penyelesaian terbaik mengenai sumber asli seperti minyak dan gas di Sabah akan dimajukan untuk pertimbangan kerajaan pusat

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    1. keputusan berkaitan cadangan itu juga perlu bersifat mampan dan sesuai dilaksanakan sekarang dan untuk tempoh yang panjang.

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  59. Para pemimpin boleh duduk dan berbincang antara kerajaan pusat dan negeri serta pihak berkaitan

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  60. perkara lain perlu turut diambil kira termasuk jumlah yang telah dibelanjakan untuk membangunkan Sabah daripada sumbangan royalti minyak.

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  61. penelitian terhadap hal itu penting terutama ketika pembangkang membangkitkan isu berkaitan minyak dan gas di Sabah sehingga membuat pelbagai janji manis yang belum tentu mampu dikotakan.

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  62. Presiden PBS, meminta agar kerajaan mewujudkan mekanisme bagi membincang dan mencapai satu penyelesaian 'menang-menang' mengenai sumber asli di Sabah demi kepentingan rakyat dan pembangunan negeri yang berkekalan.

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  63. semakin banyak perbahasan disuarakan mengenai isu royalti minyak yang diterima Sabah daripada Kerajaan Pusat.

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  64. kenyataan daripada pimpinan politik mahukan kadar yang diterima oleh Sabah sekarang ini dikaji semula.

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    1. Kajian semula tentunya bermaksud supaya ia ditambah ke satu kadar yang dianggap munasabah, bersesuaian dan realistik.

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  65. Nada suara pimpinan politik pembangkang dan sesetengah kerabat Barisan Nasional (BN) dalam isu royalti ini agak lantang. Macam-macam alasan dan perkiraaan dibuat.

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  66. BN SABAH : PETRONAS MUFLIS JIKA ROYALTI MINYAK 15%

    KOTA KINABALU - Setiausaha Barisan Nasional (BN) Negeri, Datuk Abdul Rahman Dahlan mengingatkan rakyat bahawa janji pembangkang untuk menaikkan 15 peratus royalti minyak kepada Sabah akan akhirnya menjejaskan kewangan Petronas "yang boleh membawa kepada muflis."

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  67. BN SABAH : PETRONAS MUFLIS JIKA ROYALTI MINYAK 15%

    Beliau menegaskan bahawa berdasarkan formula semasa, bagi setiap RM100 hasil yang diraih dari minyak Sabah, lima peratus akan ke tabung negeri manakala lima peratus lagi kepada tabung Persekutuan.

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  68. BN SABAH : PETRONAS MUFLIS JIKA ROYALTI MINYAK 15%

    "Kira-kira 45 peratus masuk ke dalam kos penemuan dan baki 45 peratus kepada keuntungan kasar usaha sama. Akhirnya, keuntungan Petronas, selepas mengasingkan hasil dengan yang lain dan selepas membayar cukai, hanya kira-kira 16.74 peratus.

    "Jika Petronas diminta membayar sehingga 15 peratus daripada margin keuntungannya, ini akan menyebabkan mereka tidak mampu untuk membayar overhed mereka, komitmen kewangan dan pelaburan semula untuk pendapatan masa depan.

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  69. BN SABAH : PETRONAS MUFLIS JIKA ROYALTI MINYAK 15%

    "Akhirnya akan memberi tamparan kepada kewangan yang boleh membawa kepada muflis, " katanya di sini pada persidangan akhbar untuk menjawab propaganda palsu pembangkang menjelang pilihan raya umum.

    Abdul Rahman berkata perbelanjaan modal, cabaran teknikal dan risiko kewangan perniagaan Petroleum begitu besar dan terlalu tinggi yang 'hanya syarikat-syarikat yang mempunyai kepakaran khusus dan bank akaun yang baik yang berani untuk menyertainya'.

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  70. BN SABAH : PETRONAS MUFLIS JIKA ROYALTI MINYAK 15%

    Bayangkan usaha yang dilakukan untuk menurunkan paip penggerudian, 4.5 kilometer dari paras laut, dalam persekitaran yang sangat tertekan untuk mencari emas hitam.

    "Ia memerlukan peralatan khas yang amat mahal dan kepakaran yang hanya dimiliki peserta utama minyak dunia. Kos penggerudian penerokaan boleh sampai sehingga beratus-ratus juta ringgit yang akan rugi sekiranya tiada minyak ditemui di kawasan pilihan," katanya.

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  71. BN SABAH : PETRONAS MUFLIS JIKA ROYALTI MINYAK 15%

    "Abdul Rahman berkata Petronas, seperti rakan-rakan di negara membangun yang lain, tidak mempunyai kapasiti untuk menyerap risiko kewangan. Ia tidak bersedia secara kewangan untuk membelanjakan berbilion-bilion kepada penyelidikan dan pembangunan serta mengambil risiko kewangan dalam fasa penerokaan dan pengeluaran apabila berbilion-bilion yang sama amat diperlukan untuk dibelanjakan dalam pembangunan negara," katanya.

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