But Petronas is crucial to the state budget. The oil and gas giant is expected to pay 32 billion ringgit ($9.64 billion) to the government in 2024, roughly 10% of Malaysia’s overall revenue for the ...
Sarawak, which holds 60% of Malaysia’s gas reserves, has previously clawed back some resource-related rights by winning 2018 and 2019 court battles with the state oil firm, and Abang Johari’s office ...
This year’s bilateral trade volume between Malaysia and China is expected to exceed 200 billion US Dollars (USD) or RM893.5 billion, said China Ambassador to Malaysia, Ouyang Ujing. “China-Malaysia ...