Anwar seeks calm, resumes Petronas-Petros negotiations

Malaysian Prime Minister Anwar Ibrahim has expressed strong confidence that the ongoing dispute between federal energy company Petronas and Sarawak's state-owned Petros will be resolved through constructive dialogue. He confirmed discussions with Sarawak Premier Abang Johari Openg and emphasized that talks would resume promptly after the premier returns from London, adhering to previously agreed principles. Anwar urged all parties to refrain from taking unilateral actions or making public statements while negotiations continue, highlighting the importance of mutual respect and national unity. The core of the dispute centers on Sarawak's push for greater regulatory control over its oil and gas resources, challenging Petronas' exclusive rights under federal law. The matter carries significant political and economic implications for both Sarawak and Malaysia, with unresolved components of a 2020 Commercial Settlement Agreement still under negotiation. Both sides have reaffirmed their commitment to reaching a fair, win-win solution that acknowledges Sarawak's rights while safeguarding federal interests.