‘Sabah govt has own way of handling oil royalty issue’

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KOTA KINABALU: The state government has its own way of handling the oil royalty issue and reach a win-win situation that would benefit the people economically, according to Sabah Chief Minister Datuk Seri Musa Aman

“The government need not follow the actions of the opposition. There is no benefit in shouting; it is better to discuss the issue civilly and resolve it to fruition,” he said, while opening the Kota Kinabalu Umno delegates’ meeting here yesterday.

Musa who is also state Finance Minister noted the necessity to continuously hold negotiations with the federal government on the oil royalty and equity in oil and gas project investments in Sabah.

He cited the Kimanis-Bintulu Pipeline Project and 25 per cent share in the Sabah Ammonia Urea Project (SAMUR) in Sipitang, as among the issues that the state government had brought to the negotiating table.

“Sabah also wants to be a key player in the oil and gas industry including exploration, thus the joint venture with Petronas,” he said. — Bernama