`


THERE IS NO GOD EXCEPT ALLAH
read:
MALAYSIA Tanah Tumpah Darahku

LOVE MALAYSIA!!!


 


Friday, November 18, 2011

Nik Aziz tells of another 'blatant robbery' of Kelantan's oil wealth

Nik Aziz tells of another 'blatant robbery' of Kelantan's oil wealth

Kelantan Menteri Besar Tuan Guru Nik Abdul Aziz Nik Mat has spoken out against a decision to construct 300 kilometres of undersea pipes linking the state's oil and gas province of Malay Basin to Kerteh, Terengganu.

The decision was taken in order to transfer the raw material from Kelantan water to land it directly within Terengganu.

In a posting on Facebook, Nik Aziz described the act as "blatant robbery".

“The landing of gas and condensate from North Malay Basin in Kelantan’s water to Kerteh, Terengganu is not economic and is another blatant robbery of the state’s natural resources.

"What is the rationale of transferring Kelantan’s natural resources to Terengganu when landing them in the same state where they are extracted will be cheaper and more economical," he wrote, adding that the BN-led Federal government was not treating Kelantan as a sovereign state.

Nik Aziz's complaint centres on the Surya and Bumi oil fields located north of the Malay Basin (see map) which produce 60,000 oil tanks a day, or 21.6 million tanks a year.

The total revenue is approximately RM5.24 billion annually, out of which RM262 million should be paid to Kelantan as its 5 per cent royalty.

Nik Aziz said Kelantan will urge Petronas to reconsider its decision, saying it did not make sense to spend RM15 billion on the pipes in order to land the resources 300 km away, instead of 100km if channeled to Kelantan.

“The state government is appealing for the resources to be landed in Kelantan as they originated from our soil. I will be writing officially to prime minister Najib Razak to allow the landing to be done in Kelantan in the interest of its people,” he added.

Kelantan is currently locked in a dispute with the Federal government, accusing the latter of not paying its 5 percent share of oil royalties. Last week, it intensified its campaign by printing posters carrying a statement by Najib's father, the late Tun Abdul Razak, assuring every state in the country of royalty for its oil.

--Harakahdaily

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.