Sarawak Chief Minister Adenan Satem said the state was also working with Petronas to increase its equity in the existing MNLG Dua project, which forms part of the liquefaction complex at Bintulu in the state.
“These developments were among the progress the state has made in the five key areas of negotiations with Petronas,” he said.
Adenan added that the state was still seeking a 20% oil royalty from Petronas, up from the 5% it currently receives, despite the prevailing low crude price.
The
