The Petronas and Sarawak court case gets international attention
Tom KirkmanIndependent Project Manager
The Petronas / Sarawak court case is getting some international attention. Here’s the thumbnail summary by Oil & Gas Journal:
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“… From outside Malaysia, knowing how these intrigues will affect the Petronas-Sarawak conflict is impossible.
The state claims jurisdiction granted by the founding Malaysia Agreement of 1963 and authority under a 1958 mining law to establish its own company, Petroleum Sarawak Bhd. (Petros). Petronas claims primacy under the Petroleum Development Act of 1974.
Meanwhile, a hearing in the Petronas case has been rescheduled to June 22 from June 12, and a prompt, neat resolution seems very unlikely.”