According to the report as at the state Assembly on the 22nd Nov 2011, Datuk Musa said, effort by Petronas to develop the oil and Gas is on the right track. It was proven via the National oil corporation's huge investment in several mega upstream and downstream projects which worth more than RM45billion. In helping Sabahans to venture into oil and Gas sector, 29 Sabah-based licensed company has been awarded contracts to undertake oil and gas-related work in the state, by Petronas (since January 2005 until Nov 10 2011) . Meanwhile a total 159 Sabahans have been recruited to fill various posts at the Petronas Office (January-October 2011). Datuk Musa Also informed that 42 people have been appointed to executive position, 117 appointed to non-executive position, 40 hired as a permanent staff and 2 as contract employees. Up to september 2011, a total 470 Sabahans currently working under companies at the Sabah Oil and Gas Terminal (SOGT) in Kimanis. The cost for the massive project is RM4.6 billion. The 1st phase costing RM3.8 billion is schedule to be completed in 2013.
Thursday 1 March 2012
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Petronas hasn’t said how much the new gas will add to Sabah’s known reserve of 11 trillion standard cubic feet of gas (tscf) in scattered fields. It is the smallest compared to Sarawak’s 45 tscf and the Peninsula’s 39 tscf. The Kikeh field, about 120km (75 miles) northwest of Labuan, is said to have 75 billion cubic feet of gas while the Kebabangan is estimated to have 2 trillion cubic feet.
ReplyDeleteSabah is progressing to the right direction....
I'm sure these projects brought by Petronas will bring benefits to Sabahans one way or the other. With the projects set up in areas like Sipitang and Kimanis, surely there will be other developments there as well.
ReplyDeletePersonally I'm happy with the projects by Petronas, hope that they will continue to launch similar mega projects in Sabah, that will help boost our local economics.
ReplyDeleteyeah.. Sabahan should happy with investment commitments taken by Petronas in this state.. this huge investment would bring bright future for the people in this state and thus to boost state economy..
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