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Petronas must be more transparent, says PBS

Published on: Friday, August 08, 2014

Kota Kinabalu: Parti Bersatu Sabah (PBS) wants Petronas to be more collaborative and transparent by providing the whole facts and figures when explaining what actually prevents it from fulfilling the State's and Sarawak's request for the oil royalty to be increased from five to 20 per cent.

Its Information Chief, Datuk Jahid Jahim, said Petronas should give the rakyat (people) in Sabah and Sarawak full access to the entire facts and figures, rather than just giving to them some information according to what it just wants them to know.

"PBS welcomes and appreciates the information shared by Petronas, in explaining why it is unable to fulfil the requests from both the statesÉbut at the same time it is also very important for the rakyat in Sabah and Sarawak to get access to the whole related facts and figures so they would truly understand it," he said.

"Let the rakyat of both states have access to the whole related facts and figures, as surely they could study it themselves and know the situationÉand definitely this will not cast anymore doubts.

"The main thing and most important is that the people of Sabah and Sarawak get their rights under a win-win situation," he added.

Jahim, who was formerly Assistant Youth and Sports Minister and Tamparuli Assemblyman, was responding to Thursday's report quoting Petronas top officials that increasing cash payments or often called oil royalty for Sabah will have an adverse effect on the national oil and gas industry and possibly render it to be no longer viable.

He believed PBS and other Barisan Nasional (BN) component parties, as well as the State Government, need to also look at facts and figures that had been provided and do a comprehensive and in-depth study on it.

He hoped Petronas will render its full cooperation and be transparent when asked to provide specific details on statistics that can help people to appreciate and understand the actual situation preventing Petronas to fulfil the State's and Sarawak's requests for the oil royalty increase to 20 per cent, by taking into account the approach and explanation given in the recently concluded State Legislative Assembly.

"The rakyat in Sabah must be given the opportunity to know the whole actual facts and figures so they know the truth with regards to the oil royalty matter," he said.