US EditionThe Geopolitical Risks of Malaysia’s Oil and Gas Fracas
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The Geopolitical Risks of Malaysia’s Oil and Gas Fracas
Oil and gas (O&G) issues have historically been a bargaining chip in Malaysia’s realpolitik. Yet the latest standoff between national oil company Petronas and Sarawak state-owned O&G vehicle Petroleum Sarawak Berhad (Petros) marks a sea change. It is not only higher royalties, but resource ownership and regulatory authority that are increasingly on the table as the balance of power tilts from a weaker federal government to Sarawak and Sabah. Yet…
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