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K'tan, T'ganu cannot seek 5pct petroleum payments

This article is a year old

PARLIAMENT | Kelantan and Terengganu do not qualify for the five percent petroleum revenue payments, the Dewan Rakyat was told.

Law and Institutional Reform Minister Azalina Said Othman said the Territorial Sea Act 2012 stipulated that states can only claim rights up to three nautical miles.

"The Cash Payment Agreement signed between Petronas and the governments of Kelantan and Terengganu stipulates that the states will be paid five percent for the petroleum won and saved...

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