BFM 89.9
The Business Station
Will States Owning a Piece of Petronas Offset Royalties?
8 mins·07:15, 11 Dec 2019
Will States Owning a Piece of Petronas Offset Royalties?
8 mins
·
07:15, 11 Dec 2019
·
Recommended
43 mins
00:05 - Prime Minister Tun Mahathir Mohd told Reuters that Malaysia is considering selling stakes in Petronas to states where the company’s oil and gas fields are. This move may also give states such as Sarawak and Sabah a say in the running of Petronas, the world’s third-largest exporter of liquefied natural gas, but will it offset the oil royalty payments?
05:00 - We also get into a report by a coalition of international NGOs released today, implicating several Malaysian banks in financing palm oil companies that pose a fire-risk
Presenter: Lyn Mak, Wong Shou Ning, Roshan Kanesan
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