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Mustapha Sakmud says the partnership model struck between the Sabah government and Petronas represents a deliberate choice of building from within the federal framework rather than around it.

Read More:
https://www.freemalaysiatoday.com/category/nation/2026/03/04/sabah-petronass-partnership-in-states-best-interests-says-minister

Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2026/03/04/kerjasama-sabah-petronas-demi-kepentingan-terbaik-negeri-kata-menteri

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Transcript
00:00Finally, the two of them will be learning about the two of them.
00:30In December 2021, Sabah, led by Chief Minister Haji J Noor, entered into a commercial collaboration agreement with the National
00:38Oil Company to develop its oil and gas resources.
00:42Mungkin Sarawak, dia ada pemikiran di sini adalah pendekatan dia sendiri.
00:47Itu pun kita kena hormati juga.
00:49Sabah kita ada pendekatan yang agak subtle, lembut, dan untuk kepentingan bersama.
00:55Jadi, saya pikir kedua-dua pendekatan ini kita kena hormati.
01:02Pendekatan Sarawak pun kita perlu hormati juga.
01:04Mereka melihat mungkin mereka ada kapasiti itu.
01:07Sabah kita sedang membina kapasiti itu.
01:10Sabah kita pun ada talent itu, tapi sebuah masa ini pendekatannya through CCA, Commercial Collaboration Agreement.
01:22Ini yang diambil pendekatan oleh Sabah.
01:28Sabah mengambil pendekatan buat joint venture dengan Petronas.
01:33Mungkin dari sudut itu, dari segi revenue stream itu, memang dia gradually.
01:42Jadi, ini pendekatan yang dibuat oleh Sabah.
01:45In February, Sarawak filed a petition challenging the constitutional validity and applicability of three federal laws to the state,
01:53the Petroleum Development Act 1974, the Continental Shelf Act 1966, and Petroleum Mining Act 1966.
02:03Mustafa hailed both Petronas and the Sarawak government for turning to the courts for a resolution, saying it was a
02:09positive development.
02:10He said legal clarity was crucial to ensure Petronas and Sarawak state-owned oil and gas entity, Petros, are not
02:19left mired in uncertainty,
02:21warning that prolonged ambiguity could erode investor confidence in the national oil company.
02:26Jadi, kita tidak mahu korbankan Petronas.
02:29Kita juga mahu mengangkat Petros supaya dia pun akan lebih maju.
02:33Dan kita juga mahu meneruskan hubungan baik kerja Negeri Sabah dengan Petronas.
02:38Dalam bentuk Commercial Collaboration Agreement ini,
02:44kita mahu supaya industri oil and gas di negara ini akan terus diperkukuhkan.
02:51Petronas, kita tidak boleh korbankan.
02:57Petronas sudah berada lebih 50 tahun.
03:00Dan telah memberi banyak ruang dan peluang pekerjaan kepada rakyat Malaysia, khususnya Sabah dan Sarawak.
03:09Pan Yuzhou, FMT.
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