Petronas withdraws legal action threat against Sarawak government after meeting focused on gas distribution.

The Sarawak Premier's Office announced that PETRONAS will not pursue legal action against the Sarawak government or Petroleum Sarawak Berhad (Petros) following a September 24 meeting. The discussions, focused on gas distribution, emphasize compliance with federal and state laws. This comes as Sarawak seeks increased control over its oil and gas resources, which contribute nearly 90% of Malaysia's LNG exports.

September 24, 2024
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