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Monday 3 May 2010

M'sia-Brunei deal: Make Cabinet minutes public - Anil Netto

Abdullah Badawi says he obtained Cabinet approval before going ahead with the deal with Brunei. So the government should now make public the minutes of the Cabinet discussion and decision.
Abdullah also needs to explain why this matter was not brought to Parliament for a thorough debate as this involves a question of sovereignty and energy supply.
Najib too has to clarify and explain the rationale for the deal. After all, he was Number Two to Abdullah back then and on the threshold of becoming premier. Was he among those in the Cabinet who approved the deal? If, as he says, both countries are still negotiating, why have the two blocks already been given up?

If Malaysia will still be cooperating with Brunei in the extraction of oil in the two blocks, why were the production sharing contracts with Murphy Oil terminated? Murphy Oil, which was in a joint venture with Petronas Carigali, had a 60 per cent and 70 per cent stake in Blocks L and M respectively.
How will be the arrangement with Shell and Total – both parties were engaged by Brunei – be like? Will Petronas Carigali and Murphy Oil still be in the picture?
What was the legal rationale for giving up any claim on sovereign rights over the two blocks?

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