The Sarawak state government and Petroliam Nasional Bhd (Petronas) jointly announced today they have reached an agreement on oil and gas (O&G) management in the state as well as the sales tax on petroleum products.

The statement was issued by Sarawak Assistant Minister of Law, State and Federal Relations and Project Monitoring Sharifah Hasidah Sayeed Aman Ghazali and Petronas chairperson Ahmad Nizam Salleh.