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Azmin: 20% oil royalty clashes with Petroleum Development Act

2020-08-14 2 Dailymotion

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.<br />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/

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