Petros has nothing to do with the venture in Oman

suppadmin | July 24, 2018

The Chief Minister’s Office (CMO) yesterday clarified that the reference to Petros by online portal Sarawak Report in its July 20 article has nothing to do with the state-owned petroleum company.

The office, in a press statement, was referring to the article entitled ‘Taib’s Secret Interest in Sarawak’s Petros Venture’ which has gone viral in many chat groups and the social media.

The statement wishes to clarify that Petros, the state oil company and co-regulator of the oil and gas industry in Sarawak, has nothing to do with the venture in Oman as alleged in the article’.

There was a MoU signed but it had lapsed and it was merely an understanding for Petros to assist should the company intend to invest in Sarawak, the statement added.

The CMO statement claimed that the article is only a speculation in an attempt to smear Petros’ image for reasons only known to Sarawak Report.