Tengku Razaleigh, former big cheese at Petronas and Finance Ministry, and perhaps the most senior Umno cheese still talking plainly and sanely, said in both Bahasa and English (dia lupa bahasa Jawa untuk orang seperti saya) that a certain state on the Thai border should get oil royalty. He himself had signed that deal!
"The late Dato’ Haji Mohamed Bin Nasir signed on behalf of the State of Kelantan as Menteri Besar and I signed on behalf of PETRONAS as its chairman.
There is no ambiguity at all in this pair of agreements about the demarcation of jurisdictions on or offshore of Malaysia with respect to Petroleum. It is very clear that PETRONAS is bound to these agreements just as the State Government of Kelantan is, and therefore that PETRONAS must pay the Kelantan State Government the cash payment of 5% of the value of petroleum resources extracted from Malaysian waters offshore of Kelantan."
See Ku Li's letter here, in reply to Menteri Besar Nik Aziz banyak nikmat of Klate Darul Condensate.
Actually using, the words 'oil royalty' is wrong, because from Sheh Kickdefella's maps from Petronas, most of the 'petroleum resources' (as Ku Li puts it) off Klate is gas and condensate.
But never mind, small point.
Interesting also that apart from Terengganu, which everyone knows got lots of petroleum royalty (at least RM1 billion a year?), Ku Li said Pahang was also to get the same payments if diggings offshore yield anything.
So who has been getting all these Pahang oil money and HOW MUCH?
See map on Sheh's website showing there seems to be some working fields off Pahang.
To make it easier - I 'pinjam' again from Sheh lah the big map. See on this posting. Click to enlarge.
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