Terengganu and Sabah are incomparable in oil royalty

13Friday

lets be realistic, Terengganu was an error in reverse. It had set a trap for Sabah to enforce the 5% on all the oil producing States when there is no reason for Terengganu to be awarded 5% right from the beginning because Terengganu is part of the Tanah Melayu as a single unit. If that was an error, then Sabah and Sarawak deserve an apology and corrective measures be applied. Maybe if the oil was inland, that maybe a different story. The oil was offshore and the offshore of the states in Peninsula Malaya is also the offshore for Tanah Melayu.


For Sabah and Sarawak, apart from the Malaysia Agreement which maybe silent on this wealth, it is the offshore of Sabah or Sarawak as these two states are of separate legal identity by themselves. Hence the treatment of royalty has to be different. Instead of 5%, it could be anything up to 30% like the NEP system. So this rate was sort of in line with Terengganu and for the nation.

In a nutshell, Terengganu and other oil producing states in Peninsula is not comparable with Sabah and Sarawak.

alphawolf

Mana ada lagi da negeri pengeluar minyak kat Malaysia ni...bongok betoi la....

Apa kejadahnya beza...

13Friday

Originally posted by alphawolf at 7-5-2007 11:54 AM
Mana ada lagi da negeri pengeluar minyak kat Malaysia ni...bongok betoi la....

Apa kejadahnya beza...

AW, please explain in English.


this is interesting - darkness for M'sia

May 06, 2007 23:46 PM

Airport Lights Still Out, King's Special Flight Postponed
KUALA TERENGGANU, May 6 (Bernama) -- The damaged cables supplying power to the runway lights at the Sultan Mahmud Airport (LTSM) here have yet to be fixed and this has resulted in the special flight taking the Yang di-Pertuan Agong Tuanku Mizan Zainal Abidin back to the federal capital tonight being cancelled.

A palace spokesman said Tuanku Mizan was scheduled to return to the federal capital on a special aircraft at 10.45 tonight after the prize giving ceremony for the YDSM-PENN Endurance Challenge 2007 at the Kelab Teluk Warisan, Pulau Duyong, near here.

"His Majesty's special flight back to the federal capital had to be postponed to 8am tomorrow," he said when contacted here, today.

Tuanku Mizan had been in Terengganu since May 1 to participate in the two-day championship which ended today at Lembah Bidong, Setiu.

Last night, about 300 passengers were stranded at the LTSM when the runway lights failed to function forcing all three night flights to be cancelled.

Reacting to the incident, Malaysia Airport Holdings Berhad (MAHB) said in a statement last night that repair works on the cables would be carried out and expected to be completed this morning, but so far the problem had yet to be resolved.

It was learnt that the contractor appointed to repair the damage was carrying out tests on the runway lights at 7.30pm but the lights were still not functioning.

Besides the special flight for the Yang di-Pertuan Agong, other airlines whose flights were also cancelled tonight were the Malaysia Airlines (MAS), AirAsia and FireFly.

MAHB general manager (operations) Datuk Azmi Murad, when contacted, said repair works on the lights were still ongoing and because there were many cables in the area that were damaged, the company could not give a definite time frame when the problem could be resolved.

However, he said all flights earlier in the day had taken off as usual including two additional flights that replaced the flights which had to be cancelled last night.

"Later, we will sit down and discuss with the Public Works Department (JKR), the contractor concerned and the Department of Civil Aviation (DCA) to ensure that the problem does not recur as I was very disappointed that several flights had to be cancelled," he said.

Meanwhile, the MAHB said in a statement here tonight that the LTSM had been closed from tonight until 7am tomorrow as repair works on the runway lights were still going on and all flights tonight had to be cancelled.

The statement said 335 passengers for the three flights, namely MAS, AirAsia and FireFly were affected by the cancellation and all flights would resume tomorrow morning.

-- BERNAMA