Sarawak’s Petros aims to be active oil & gas player within two years

MIRI: Petros, an oil and gas (O&G) company that is wholly-owned by the Sarawak government, targets to become an active player in the O&G industry within two years.

Chief Minister Datuk Patinggi Abang Johari Tun Openg, said the company would try to exploit all opportunities in the O&G industry once it is operational.

“Wait two years for Petros to take active participation in the oil and gas industry, “he said during the opening of the Parti Pesaka Bumiputera Bersatu (PBB) Miri Zone 10 delegates meeting yesterday.

Petros was established in August 2017 to enable the state government to participate directly in the O&G industry in Sarawak.

In November 2017, Petros chairman Tan Sri Hamid Bugo was reported as saying the company was expected to begin operations in the first quarter of 2018, and was looking for a suitable candidate to fill the post of the chief executive officer. At the same event, Abang Johari had proposed to change the Miri tourism promotion approach by using virtual reality method.

“Bario highlands as well as Bekenu beach in Miri are most suitable to use the new approach to attract tourist arrivals,” he said.

Meanwhile, State Legislative Assembly Deputy Speaker Datuk Gerawat Gala, who is also PBB Zone 10 Coordinator, said the delegates from eight branches had unanimously decided to maintain the current leadership in PBB.

Abang Johari will remain as PBB President and there would be no contest for the two deputy president posts as well as Youth and Women’s Chief at the party’s general assembly next month.