KUALA LUMPUR, May 2 — Petronas today confirmed that its subsidiary, Petronas Carigali Sdn Bhd (PCSB), received notices on April 30, from the Sarawak Utility and Telecommunications Ministry on its gas processing and distribution.
The national oil firm told Bernama that PCSB is statutorily authorised under the Petroleum Development Act 1974 (PDA) to undertake the company’s activities and comply with all applicable laws in doing so.
“While we respect the aspirations of Sarawak, Petronas has a duty to uphold the PDA and safeguard national interests.
“Petronas will continue to engage constructively and work with the federal government, Sarawak government, and Petros (Petroleum Sarawak Bhd) in exploring future arrangements to ensure regulatory clarity and operational continuity for the benefit of the industry, state, and nation as a whole,” it said.
Petronas emphasised that it is committed to ensuring the rights and interests of all parties, including end-consumers and investors, are addressed accordingly.
— Bernama
