Rabu, September 07, 2011

SOME BARISAN NASIONAL LEADERS HAVE A MYOPIC VIEW OF PETRONAS' CONTRIBUTIONS TO SABAH?

More oil royalty, not Petronas projects

imageSome Barisan Nasional leaders have a myopic view of Petronas' contributions to Sabah.

KOTA KINABALU September 7, 2011: Sabah Barisan Nasional assemblyman Karim Bujang has come under heavy attack for saying that it is better to have more Petronas projects in Sabah than increasing the state’s oil royalty.

Karim, who is Bongawan state assemblyman, had said that Petronas had “done much” and had contributed “significantly” to the state economy.

He claimed Petronas had spent billions of ringgit to implement various projects in Sabah that directly benefit the people, including local contractors as well as the economic spin-offs which were enjoyed by locals.

But local leaders here disagree and are of the opinion that Karim is talking rubbish.

Kota Kinabalu MP Hiew King Cheu ticked off Karim over his “short-sighted and narrow” views.

“Maybe, Karim cannot see the significance of having higher royalty rate from the current 5% to 20%.

“Petronas is not doing Sabah a favour. The projects put up by Petronas in the state are definitely in the clauses in the agreement signed a long time ago.

“Sabahans deserved it anyway. It is our right to enjoy all the developments and benefits from it (agreement).

“But the question here is, why didn’t we see all these projects being put up in the past decades? Was Petronas not aware of these terms in the agreement before?” he asked.

Hiew said any increase in the royalty rate on oil and gas will increase the revenue of the state.

“This increased revenue will surely out-beat the project costs in the long run,” he said, adding that over the past decades Sabah had only received RM5.3 billion from Petronas.

No benefit from projects

Many here feel that Sabah, as the largest gas producer and the fourth largest crude oil producer in the country, has been shortchanged.

They believe that Petronas should do more for the state.

Hiew said if the royalty rate is increased to 20%, then Sabahans will enjoy an instant injection of state fund and the state financial status will then improve.

“The most important point now is to review Petronas royalty agreement. If Petronas brings projects into Sabah, can the local people see some instant benefits?

“I doubt it… maybe a few of the BN contractors and other expatriate contractors can get jobs.

“How long do we have to wait for a return from these projects, another five or 10 years?

“By then our oilfields may have already run dry,” he said, adding that the scenario was not impossible, especially when Sabah’s oilfields are not in the form of a seam layer but pocketed and spread out in the sea.

He said the extraction cost in such situations would be much higher and as such, it was sometimes not economical to work such fields.

“Some of the oilfields have already closed down. This means that Sabah will have to make the best use of the time to gain better royalty rates now or never, and before the oil and gas ran out eventually.

“We cannot allow this to go on,” he said.

Petronas neglected Sabah

Hiew is not alone in his views.

Last month, another opposition member Dr Roland Chia accused Petronas, which incidentally derived the bulk of its wealth from Sabah, of spending lavishly on projects in the peninsula while ignoring Sabah.

Sabah, he said, was right at the bottom in the country’s poverty index.

Chia, who is Sabah PKR secretary, said Petronas had neglected its corporate social responsibility (CSR) to Sabah.

Instead, the oil company was reportedly spending billions of ringgit on sponsoring sports cars to participate in the F1 circuit, and financing the elite Prince Court Medical Centre (PCMC) in Kuala Lumpur.

Critics have complained that Petronas spent RM544 million on PCMC and this contrasted with the RM47 million the company spent over the last 36 years (from 1975 to 2011) on its Education Sponsorship Programme (PESP) in Sabah, which works out to RM1.3 million a year

Sabah has the highest poverty rate, with 42% of the nation’s poor living in Sabah.

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LIMITED YEARLY ALLOCATION WAS NOT ENOUGH TO SERVE MORE THAN 50 VILLAGES IN HIS AREA - SAIRIN

UNTUNG BERSIH TAHUN KEWANGAN 3 BULAN PERTAMA PETRONAS NAIK KEPADA RM21.7 BILLION

30 ulasan:

  1. It is best to have more projects and at the same time increases the oil royalties.

    BalasPadam
  2. Hope that Petronas will help Sabah develop our oil and gas industry.

    BalasPadam
  3. Sabah memerlukan royalti minyak lebih dan project dari petrona. Sabah patut mendapatnya.

    BalasPadam
  4. projek dan royalti, dua-dua pun ada kebaikannya. apa pun, apa yang penting pastikan petronas tidak mengabaikan tanggungjawab kepada Sabah.

    BalasPadam
  5. kemudian royalti itu digunakan untuk apa? untuk pembangunan juga kan? mesti royalti itu digunakan untuk melaksanakan projek.. jadi kira sama juga dengan projek yang hendak di salurkan oleh petronas ke negeri ini.

    BalasPadam
  6. dulu dia mahu petronas laksanakan lebih banyak projek di Sabah, bila petronas buat, dia tukar pula konon lebihkan royalti dan kurangkan projek.. nanti besok2 bila langsung tidak ada projek dia pula yang bising.. begitu la sikap pembangkang di negara ini..

    BalasPadam
  7. diharap projek Petronas di Sabah mengutamakan penduduk tempatan Sabah dan tuntutan kenaikan royalti 20% diluluskan. kedua2 ini perlu untuk pembangunan Sabah.

    BalasPadam
  8. pemimpin2 di Sabah harus memperjuangkan apa yang sebenarnya milik dan hak rakyat Sabah.

    BalasPadam
  9. saya rasa satu perkara dulu yg perlu kena improved sebelum Sabah boleh dapatkan royalti 20% itu....tingkatkan kecekapan di jabatan2 kerajaan negeri & implementasi program2 kerajaan...bukan apa, untuk mengelakkan pembaziran bah :)

    BalasPadam
  10. Better both is important. Project by petronas and the royalty from oil and gas in Sabah.

    BalasPadam
  11. Royalti penting juga kan. Tapi projek petronas penting juga. Bah biarkan saja pihak kerajaan yang menentukan dan membuat perbincangan dengan pihak petronas mengenai masalah ini.

    BalasPadam
  12. "Petronas is not doing Sabah a favour. The projects put up by Petronas in the state are definitely in the clauses in the agreement signed a long time ago. Sabahans deserved it anyway. It is our right to enjoy all the developments and benefits from it (agreement)."

    If Petronas's project in Sabah is one of the requirement terms in the agreement, nothing we can argue about. Meaning, the have no relation between the project and increasing the loyalties to 20%. It's right where Sabah deserve more.

    BalasPadam
  13. Petronas seharus membaca keperluan and permintaan semua rakyat Sabah. Tuntutan 20% adalah amat adil dan ia penting untuk pembangunan ekonomi negeri Sabah.

    BalasPadam
  14. "Some of the oilfields have already closed down. This means that Sabah will have to make the best use of the time to gain better royalty rates now or never, and before the oil and gas ran out eventually."

    Sepatutnya pertambahan loyalties tidak harus dituntut tetapi pihak Petronas yang perlu buat adjustment sendiri selepas berpuluh-puluh tahun.

    BalasPadam
  15. "if the royalty rate is increased to 20%, then Sabahans will enjoy an instant injection of state fund and the state financial status will then improve."

    Betul kata beliau, loyalties tersebut akan membekalkan cukup bekalan kewangan untuk negeri Sabah untuk projek pembangunan dan perkembangan yang berterusan yang akan memanfaatkan lebih banyak rakyat Sabah.

    BalasPadam
  16. It's right time and we urge that Petronas to review, restructure the policy and terms and implement so that it's benefit more to the people.

    BalasPadam
  17. lebih projek dan royalti dinaikan - kedua2nya amat perlu memandangkan Sabah masih di tahap termiskin di Malaysia

    BalasPadam
  18. “This increased revenue will surely out-beat the project costs in the long run,” - betul

    BalasPadam
  19. Ini sememangnya adalah hak Sabah untuk menikmati semua perkembangan dan faedah yang telah dijanjikan oleh Petronas dan permintaan kenaikan royalti memang wajar

    BalasPadam
  20. Instead, the oil company was reportedly spending billions of ringgit on sponsoring sports cars to participate in the F1 circuit, and financing the elite Prince Court Medical Centre (PCMC) in Kuala Lumpur.

    if they can spent so much...sure 20% royalties is affordable

    BalasPadam
  21. Some of the oilfields have already closed down. This means that Sabah will have to make the best use of the time to gain better royalty rates now or never, and before the oil and gas ran out eventually - betul, kekayaan itu suatu hari akan pupus juga, jadi bila lagi kalau bukan sekarang?

    BalasPadam
  22. Tidak dapat dinafikan bhw banyak projek dari Petronas di Sabah. Ini merupakan syarat dalam agreement. Topik yang dibincangkan sekarang adalah tambahan 20% loyalties, ini tidak harus mengelirukannya. Harap Petronas dapat membuat yang terbaik untuk semua orang Sabahan.

    BalasPadam
  23. These are "revenue" that belong to all Sabahan, we have to strike for the additional loyalties.

    BalasPadam
  24. Berapa banyak bekalan minyak yang ada? Jika tidak bertambah sekarang, bila pula masanya? Pihak Petronas seharus bertimbang rasa terhadap rakyat Sabah ni.

    BalasPadam
  25. Adakah tambahan loyalties dilaksanakan bermaksud projek Petronas akan makin kurang dan tiada? Yang lebih menggalakkan, laksanakan kedua-dua perkara ini supaya rakyat Sabah menikmati perkembangan yang lebih pesat dan berterusan juga.

    BalasPadam
  26. Harap semua pemimpin dan parti komponen dapat bekerja-sama dan sebulat suara untuk memperjuangkan yang terbaik untuk kami. 20% loyalties cukup mengubah keadaan ekonomi Sabah dan harap masalah kemiskinan juga dapat diselesaikan.

    BalasPadam
  27. We can give PETRONAS another chance but at the same time increase the oil royalty too.

    BalasPadam
  28. Its true that PETRONAS has neglected Sabah, hope there'a an answer soon.

    BalasPadam
  29. now the BN leaders have different opinions, might be the reason they have really look into this matter.

    BalasPadam
  30. we should go for increased royalty, we can't guarantee anything good from PETRONAS anymore.

    BalasPadam