Oil discovered in Pahang. |
Ok,.... Fine... Pahang receive RM100 million per year.
But why Kelantan not receieve even 1 cent????
If you talk about 1 Malaysia, you should not differentiate between state regardless what party politic control the state.
Are this we call fairness????
Read More in : http://thestar.com.my/news/story.asp?file=/2012/10/31/nation/12250888&sec=nation
PUTRAJAYA:
Oil has been discovered off the shores of Pahang, bringing the estimated Bertam
reserves to 64 million barrels. Datuk Seri Najib Tun Razak said Petronas
Carigali Sdn Bhd and
Lundin Oil jointly made the discovery under a production sharing contract at
Block PM 307 of the Bertam oilfield.
The Prime Minister added that the new
oilfield lay 160km off the shores of Peninsular Malaysia, opposite Pahang, at a
depth of 76m. PM 307 PSC is operated by Lundin Malaysia, which has a 75%
interest, with Petronas holding the remaining equity.
Bernama quoted Najib as saying: “This
(find) is very significant because we have never discovered oil in a commercial
quantity at the Penyu Basin. This is a major breakthrough.
“With the discovery, the Bertam oilfield
is estimated to have oil reserves of 64 million barrels,” he said after
chairing the Biotechnology Implementation Council meeting here.
Based
on the findings of commercial and technical feasibility studies, Najib said,
crude oil production would begin at the oilfield in the third quarter of 2014
with a projected output of between 17,500 and 20,000 barrels per day. He added:
“This discovery proves there is oil and gas at the southern region of the Malay
Basin towards the Penyu Basin.
“The oilfield is located on the
continental shelf which is under the jurisdiction of the Federal Government.” Najib
said Pahang was expected to receive a special payment of RM100mil a year once
production begins.
“This
is our policy to distribute oil wealth with 5% cash payment to Pahang,” he
added.
Meanwhile, Ramlan A. Malek, Petronas vice-president
for exploration and production and petroleum management, said the commercial
and technical feasibility studies were expected to be completed in the second
quarter of next year. He also said this was the first oil discovery in Pahang.
In KUANTAN,
Mentri Besar Datuk Seri Adnan
Yaakob said the RM100mil special payment
would be used strictly for development to benefit the people. “We will use it
(the money) to fund small projects for the rakyat and
to help needy folk,” Adnan added.
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