Prime Minister Datuk Seri Najib Tun Razak was reported to have told media at a Biotechnical Implementation Council meeting on Tuesday that the additional discovery had increased the Bertam field’s estimated oil reserves to 64 million barrels.
He added that Bertam, which lies in 76 metres of water opposite the state of Pehang, would generate a royalty of about RM100 million ($32.74