Malaysia

Petronas – Petros deal expected to be formalised soon, says Sarawak premier

Abang Johari's comment follow a meeting he had with Anwar on May 9 together with the top leadership of Petronas and Petros.

Updated 1 year ago · Published on 13 May 2025 5:28PM

Petronas – Petros deal expected to be formalised soon, says Sarawak premier
"Just wait in the next two days," said Abang Johari - May 13, 2025

A FORMAL agreement between Sarawak and the federal government involving Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Berhad (Petros) is expected to be unveiled soon.

"Just wait in the next two days, there will be a document on the agreement between me and  Prime Minister Datuk Seri Anwar Ibrahim," said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg.

He was spearking to reporters after launching the International Construction Week Borneo conference in Kuching.

According to reports he hinted that the deal will include mutual recognition of both federal and state laws.

"There will also be a commercial agreement which includes increasing our stake in liquefied natural gas (LNG)," he said.

Abang Johari's comment follow a meeting he had with Anwar on May 9 together with the top leadership of Petronas and Petros.

According to a statement from the Prime Minister’s Office, both the federal and Sarawak governments agreed to finalise key principles to smoothen negotiations between the two energy entities.

This comes after the Sarawak government issued a letter of demand to Petronas Carigali Sdn Bhd (PCSB), a Petronas subsidiary, over alleged violations of the Distribution of Gas Ordinance (DGO) 2016.

The state claimed PCSB had been operating a facility in Miri without a valid permit under state law. – May 13, 2025

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