Onshore Oil And Gas Prospecting
The Sarawak government will award licences to Petros for onshore oil and gas prospecting and production.
Chief Minister Datuk Patinggi Abang Johari Tun Openg said with that, Petros will evaluate all applicants for licenses or mining leases and will be empowered by the State government to facilitate all the oil and gas prospecting and mining activities.
“Initially, the onshore mining licenses to be issued to Petros will cover the Limbang and Baram areas,” he said.
Abang Johari said this when delivering his 2020 State Budget speech at the state legislature.
“It is the State government’s intention to manage the remaining hydrocarbon potential in onshore areas of Sarawak,” he said.
He pointed out it is the effort of the State government to gain fairer and more equitable share of revenues from oil and gas produced in Sarawak and it will continue to be one of the main agenda of Gabungan Parti Sarawak (GPS) government.