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Adenan: We’re not happy with 5pct oil royalty

Sarawak Chief Minister Adenan Satem is not happy about the five percent royalty it has been receiving for the past 39 years for oil and gas tapped from that state.

"We are not satisfied with the five percent. We want a higher royalty in order to spur the state's development under the 12th Malaysia Plan," he told a Hari Raya gathering in Sebuyau yesterday.

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