Azmin: 20% oil royalty clashes with Petroleum Development Act | TheStarTV.com

Azmin: 20% oil royalty clashes with Petroleum Development Act

Published on 25 Jul 2018 1:09:34 PM

Economic Affairs Minister Datuk Seri Mohamed Azmin Ali told the Dewan Rakyat on Wednesday that the Pakatan Harapan manifesto promise that all oil-producing states will receive 20% of net profits from the resource will take some time for the Government to study and implement as there were laws to be amended, mainly the Petroleum Development Act 1974.
Read more at https://www.thestar.com.my/news/nation/2018/07/25/azmin-20-of-petroleum-profits-to-producing-states-needs-time-to-implement/

Keywords
profit, pakatan harapan, percentage, royalty, manifesto, azmin ali, petroleum, malaysia, oil

Economic Affairs Minister Datuk Seri Mohamed Azmin Ali told the Dewan Rakyat on Wednesday that the Pakatan Harapan manifesto promise that all oil-producing states will receive 20% of net profits from the resource will take some time for the Government to study and implement as there were laws to be amended, mainly the Petroleum Development Act 1974.
Read more at https://www.thestar.com.my/news/nation/2018/07/25/azmin-20-of-petroleum-profits-to-producing-states-needs-time-to-implement/

Keywords:
profit, pakatan harapan, percentage, royalty, manifesto, azmin ali, petroleum, malaysia, oil

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