Biggest Malaysian State Set to Take Control of Its Natural Gas Assets

Sarawak, the biggest state in oil and gas producer Malaysia, is set to take control of its natural gas assets as the state on the Borneo island is now looking for more autonomy from the federal government. The state of Sarawak has long sought more royalties from the government of Malaysia and the government-controlled oil giant Petronas. However, Sarawak hasn’t had much success in this, until the election in 2022, which now makes the federal government coalition dependent on the support of Sarawak Premier Abang Johari Openg. Petroleum Sarawak…