Do you guys know that there is NO Oil Refineries in Kelantan Sabah, Sarawak?
Do you guys know that there is one Oil Refinery (Shell) in Lutong, Miri but has to be close due to loses and thus making it impractical to still be put in operation 10 years ago?
Do you guys know that Malaysia’s first oil well was discovered by Shell on Canada Hill in Miri, Sarawak in 1910. Shell’s Miri No. 1 was spudded on 10 August that year, and began producing 83 barrels per day in December?
Do you guys know that we only have LNG Plant in Bintulu while the government has plan to built RM62 Billion Oil Refinery Plant in Johore, yes in Johore, how ironic is that?
Do you guys know that Terenganu has their Oil Refinery Plant
Do you guys know that oil and gas contractors from Sabah, Sarawak only allocated of 30% of various jobs and contracts (Downstream) by Petronas?
Do you guys know that Sarawak and Sabah produced petroleum earlier than Terengganu and Kelantan. History of Petroleum in Miri dated back to the early 1900’s?
Sabah and Sarawak are the big oil and gas producing states and yet we do not benefit as what we rightfully deserved?
This is not fair for Sabah,Sarawak especially when there are no development projects allocated by Petronas in Sabah,Sarawak. Our oil and gas has been siphoned away and exported
We should be looking at some positive development programs to help the Sabah, Sarawak economy and not by simply shipping out our valuable crude oil to a foreign refinery first, then we buy back the refined petrol at a high price. Don’t wait until our crude oil and natural petroleum gas to run dry, then only consider to set up the related oil and gas industry.
Anwar Ibrahim says Pakatan Rakyat will give 20% royalty to Sarawak Sabah while Dr. Jeffrey says it should be 50%. It is not up to Federal government to tell us how much they would like to give us of our own money earned through our own resource. It is up to Sarawak and Sabah to suggest how much to give the Federal Government!
For example, why can’t we get a good 4 lane trunk road for Sarawak? Air travel is not cheap in Sarawak. In Malaya such road is a norm. And as I said, do not come and tell me that Sarawak is sparsely populated and therefor difficult to develop because we have income from oil and gas if it is allocated fairly to meet Sarawak need.
What constitute the 5% royalty repatriation? Is it from revenue generated from our petroleum? Then who among us are sitting within Petronas management to oversee this? This is just like the sawit JV with big Malayan companies. They farm our land, yet not one of us sits as director or managers within those companies?
Not only we’re lacking in terms of infrastructures but Sabah, Sarawak is one of the poorest state in Malaysia? Dont talk about income per capita as the big gap betwen the rich and poor and if im not mistaken, Kelantan is among the poorest state too.
How ironic is that? We are RICH but yet we are POOR so my question is, who BENEFITS from all this?
Who own the biggest oil companies in Malaysia? Scomi- is Abdullah Bidawi’s son and Kencana is Tun Mahathir’s son. I am sure Najib is already creating another for his son after he changed the CEO of Petronas. It becomes apparent that Sarawak Sabah oil and gas is made the ‘fixed deposit” of Prime Ministers income through their children.
But Sarawak Government are totally silence on this issue. The BN Government continue to try and build good relationship with Federal Govt based on losses of income to Sarawak. What is the point? We hear of our state government begging for money to develop Sarawak when it should be rightfully in our hand, isn’t that comical?
Last but not least, the other shocking revelation that has come to my knowledge is that 80% of the oil produced by Petronas is not sold directly to the world market but is channelled through 6 OPTION HOLDERS who obtain the supply from Petronas at well below market prices (1974 prices to be exact). These option holders or agents are the ones reaping the benefits and huge profits in the oil price hikes.
Ps : Should i rant more everyday to wake and whack you guys up? SIGH!