Malaysia’s Prime Minister Anwar Ibrahim said on Sunday he was confident that a dispute between energy company Petronas, owned by the federal government, and Petros, owned by the state of Sarawak, will be resolved through discussions with the Sarawak premier.
The two companies’ long-running dispute over gas distribution rights escalated last week, with Petronas saying on Friday its Petronas Carigali subsidiary had received notices from the Sarawak state government about its activities there.
Petronas gave no further details but local media said Sarawak authorities told the company’s Miri Crude Oil Terminal that it lacked a proper operating licence.
Sarawak has given Petronas Carigali 21 days to obtain the required licence or face financial penalties under local state law, according to the reports.
Anwar said he spoke to Sarawak state premier Abang Johari Openg regarding Petronas and Petros issues, based on principles that were previously agreed upon.