00:00Gabungan Rakyat Sabah Deputy Secretary-General Armizan Muhammad Ali has dismissed claims that
00:06Sabah's demands in the oil and gas sector are aimed at undermining Petronas, saying the state
00:11only wants a bigger role in the industry. He said Sabah's push for greater participation in the
00:17ONG industry began after a meeting between Chief Minister Haji J Noor and Petronas' leadership in
00:22August 2021, which he also attended alongside State Finance Minister Masidi Manjun. The Papa
00:29MPs said the discussion marked the first time Petronas had received a written framework of
00:33Sabah's aspirations and demands, paving the way for the signing of a commercial collaboration
00:38agreement on December 7, 2021. He said the agreement has since expanded Sabah's involvement in the ONG
00:45industry beyond royalty and sales tax to include equity stakes in ONG exploration as well as greater
00:51participation by local contractors, which now number more than 1,000. He said that Sabah's aspiration is
00:58for Petronas to help develop the state-owned SMJ Energy Sendiryan Berhad into Sabah's own golden goose.
01:05State-owned SMJ Energy has been tasked with coordinating Sabah's role across the entire ONG
01:10value chain. On Thursday, Haji J said Sabah's higher ONG revenue stems from direct negotiations
01:17with Petronas and its explanation of the state's demands. Dan Sharjiriza, FMT.
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