Seal the MLNG 9 deal in 30 days, Batu Lintang rep tells Sarawak govt

See Chee How

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KUCHING: Accusing the Sarawak government of slacking on former chief minister Adenan Satem’s push for the return of the state’s lost rights and autonomy, PKR’s Batu Lintang assemblyman, See Chee How, today has asked the state government to demand an explanation from Petronas why the state’s equity in the national oil company’s MLNG Train 9 project in Bintulu has yet to be finalised.

See said since Adenan had accepted the offer of a 10% equity stake in the project in August 2014, Petronas had concluded deals to sell a 10% equity to JXTG Nippon Oil & Energy Corporation, and last week signed an agreement with Thailand’s PTTGL Investment Ltd for a 10% equity but not with Sarawak.

The PKR vice president is demanding the explanation after Petronas’ executive vice president and chief executive officer of upstream, Mohd Anuar Taib, in his statement on the Thai sale, stated: “Following PTTGLI’s 10% participation, Petronas now owns 80 per cent share in PL9SB ( Petronas LNG 9 Sdn Bhd) while the remaining 10% is owned by JXTG Nippon Oil & Energy Corporation through its subsidiary, Nippon Oil Finance (Netherlands) BV”.

There was no mention of Sarawak’s equity.

See said Chief Minister Datuk Amar Abang Johari Tun Openg should now give Petronas a 30-day deadline to conclude the Shareholders Agreement with Sarawak on the equity.

“The state administration, particularly the State Secretary (Tan Sri Morshidi Ghani) who sits in the Board of Directors of Petronas, owes Sarawakians an explanation why it is taking so long for Sarawak to conclude the deal.

“We have been slack in the deal to protect Sarawak’s interests and rghts,” See Said.

“It appears the momentum of the good efforts by the late Tan Sri Adenan Satem to regain and restore Sarawak’s sovereign rights to territorial boundary, autonomous powers and rights have now hit a snag or lost.”

In November 2016 in the state legislative assembly, Adenan had said the state government was not only “in active discussion” with Petronas on the details of the Shareholders Agreement on the 10% equity in MLNG 9, the state was also seeking for more equity in the MLNG 2 plant.

He had also kept emphasising that Sarawak’s equity in the MLNG projects “is our privilege”.

See said the disposal of the equity stake to the Thai company last week was therefore “utterly unacceptable”.

He said he hoped the state administration would hold “a thorough inquiry” and demand explanation from all parties concerned so there would be a full disclosure of the findings to be presented to the people of Sarawak. –