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Sarawak to retain 5% oil royalty with 20% oil profits

Published on 30 Jul 2018 6:02:56 PM

Sarawak Pakatan Harapan chairman Chong Chieng Jen on Monday said Sarawak will still receive the existing 5% oil royalties while being entitled to an extra 20% of net profit from state oil production as promised under the Pakatan Harapan manifesto.