Aug 24, 2016

    Sarawak work permit issue to be resolved: Petronas


    MALAYSIA'S state-owned oil firm Petronas, embroiled in a controversy with the Sarawak state government over the issue of non-Sarawakians working in the state's oil and gas industry, believes that the issue will be resolved amicably.

    "We're very hopeful and we're confident that this will be resolved soon, taking into account the interests of all parties and stakeholders," said chief executive and president Wan Zulkiflee Wan Ariffin.

    The Sarawak government had on Aug 7 issued a moratorium on all new applications for work permits of Petronas personnel from outside Sarawak.

    It was reported that the decision was prompted by complaints from Sarawakian Petronas officers whose services were terminated or who were retrenched.

    Petronas has considerable investments in the state, with a total cumulative investment of over RM300 billion (S$100 billion) in upstream, midstream and downstream projects and activities.

    According to a StarBiz report from last November, there were 26 oil and 34 gas producing fields.

    A further 206 discovered fields have yet to be monetised.

    The national oil company has three midstream facilities.

    For downstream activities, it has the Asean Bintulu fertiliser plant.

    Mr Wan Zulkiflee also said the projects that have been planned for this year would go ahead despite the low oil-price environment.

    He noted that the RM60 billion Refinery and Petrochemical Integrated Development project in Pengerang, Johor - near Singapore - remains on track.

    It has achieved a 40 per cent completion rate.