Wednesday, June 18, 2008

CEO: DONT BLAME PETRONAS, IT'S A GLOBAL PROBLEM

Tan Sri Hassan Marican, Presiden and CEO of Petronas
From: NST Online
2008/06/18
By Marc Lourdes and David Yeow news@nst.com.

KUALA LUMPUR: Petronas should not be made the scapegoat for the fuel price hike, said its president and chief executive officer Tan Sri Hassan Marican. "It is a global problem and not the oil company's fault that prices have increased." Hassan said Petronas employees were being verbally attacked for the price increase and urged Malaysians to remain calm and look at the bigger picture. He explained that 65 per cent of Petronas' profits went straight to the government.

Petronas was formed in 1974 with an initial capital of RM10 million.

"From then until the end of 2007, it has made RM570 billion. RM336 billion had been paid to the government in that time," he said, adding that the remainder of the company's money was reinvested in exploration and building refineries, among others He also pointed out that the company has 300,000 employees, stressing that it "does not just take but gives back as well".

"While in the past we have paid more, doing so now would hinder our efforts to discover new oil reserves in other parts of the world," he said, adding that 30 per cent of its oil reserves were overseas. "We are trying to extend Malaysia's status as a nett oil exporter for as long as we can. By increasing our payment (to the government), we might not be able to delay becoming a nett oil importer past 2014," he said during an interview on RTM last night. He added that the company had to think of the future and if Petronas' explorations pan-ned out, Malaysia could maintain the same rate of production for another 22 years.

On whether Petronas should be held accountable to Parliament and not just the prime minister, Hassan said that was up to Parliament to decide. He said under the Petroleum Development Act 1974, the national oil company was accountable to the prime minister of the day.

"That's not for me to say. The Petroleum Development Act was passed by Parliament." He said Petronas operated under the Companies Act 1965 and, as required by the act, published a financial report every year.

Hassan was also asked why oil prices in Malaysia could not be kept as low as other oil-rich countries like Venezuela, Saudi Arabia and Brunei. He said Malaysia, with a population of about 24 million people, had a daily production of 700,000 barrels compared with Saudi Arabia's 10 million barrels with the same population size. "Not only is oil cheap there, so are water and electricity. They can afford it because production is so high.

"Venezuela adopts a populist policy and because of that, there has been no new investment. Their production has dropped from four million barrels a day to 2.5 million."

Petronas and its subsidiary Petronas Carigali accounts for about 75 per cent of the national oil production. The rest is obtained by production- sharing operators. Hassan also said oil prices were increasing globally because of various factors, including speculation, the geo-political scene and increased demand from the developing economies of China and India. He pointed out that in 2006, there were seven million new vehicles in China. "If each vehicle used 10 litres of petrol a day, that is a daily increase of 70 million litres

1 comment:

Anonymous said...

Tapi kenapa petronas tak advice Pak Lah agar tak payah naik harga minyak dalam pasaran domistik. Bukankah kini rakyat yang menanggung derita kerana inflasi. Subsisi dalam skim baru ini bukanya semua rakyat berpendapatan rendah yang dapat. Pemilik kenderaan tetap juga menaikkan kos pengangkutan dan harga barang terus juga melambung. Ini tak adil bagi rakyat secara majoriti yang berkerja keras untuk menyara kehidupan.

About This Blog


Dan adapun orang-orang yang takut kepada kebesaran Tuhannya dan menahan diri dari keinginan hawa nafsunya. Maka sesungguhnya syurgalah tempat tinggalnya. (al-Naziat ayat 40-41)

"Of all the enemies to public liberty war is, perhaps, the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes...known instruments for bringing the many under the domination of the few. . . No nation could preserve its freedom in the midst of continual warfare."
- James Madison, Political Observations, 1795

santapan rohani ii

Al-hadith :ثلاثةٌ قد حَرّمَ اللهُ - تَبَارَكَ وَتَعَالَى - عليهم الجنةَ : مُدْمِنُ الخمر ، والعاقّ ، والدّيّوثُ الذييُقِرُّ في أَهْلِهِ الخُبْثَ . رواه أحمد والنسائيErtinya : "Tiga yang telah Allah haramkan baginya Syurga : orang yang ketagih arak, si penderhaka kepada ibu bapa dan Si Dayus yang membiarkan maksiat dilakukan oleh ahli keluarganya" ( Riwayat Ahmad )

PEGANGAN

Ingatlah firman Allah Taala:
يَا أَيُّهَا الَّذِينَ آمَنُوا لَا تَتَّخِذُوا بِطَانَةً مِنْ دُونِكُمْ لَا يَأْلُونَكُمْ خَبَالًا وَدُّوا مَا عَنِتُّمْ قَدْ بَدَتِ الْبَغْضَاءُ مِنْ أَفْوَاهِهِمْ وَمَا تُخْفِي صُدُورُهُمْ أَكْبَرُ قَدْ بَيَّنَّا لَكُمُ الْآيَاتِ إِنْ كُنْتُمْ تَعْقِلُونَ (118) هَا أَنْتُمْ أُولَاءِ تُحِبُّونَهُمْ وَلَا يُحِبُّونَكُمْ وَتُؤْمِنُونَ بِالْكِتَابِ كُلِّهِ وَإِذَا لَقُوكُمْ قَالُوا آمَنَّا وَإِذَا خَلَوْا عَضُّوا عَلَيْكُمُ الْأَنَامِلَ مِنَ الْغَيْظِ قُلْ مُوتُوا بِغَيْظِكُمْ إِنَّ اللَّهَ عَلِيمٌ بِذَاتِ الصُّدُورِ (119)

Maksudnya: “Wahai orang-orang yang beriman! janganlah kamu mengambil orang-orang yang bukan dari kalangan kamu menjadi “orang dalam” (yang dipercayai). mereka tidak akan berhenti-henti berusaha mendatangkan bencana kepada kamu. mereka sukakan apa yang menyusahkan kamu. telahpun nyata (tanda) kebencian mereka pada pertuturan mulutnya, dan apa yang disembunyikan oleh hati mereka lebih besar lagi. Sesungguhnya telah Kami jelaskan kepada kamu keterangan-keterangan itu jika kamu (mahu) memahaminya. Awaslah! kamu ini adalah orang-orang (yang melanggar larangan), kamu sahajalah yang suka (dan percayakan mereka, sedang mereka tidak suka kepada kamu. kamu juga beriman kepada Segala Kitab Allah (sedang mereka tidak beriman kepada Al-Quran). dan apabila mereka bertemu dengan kamu mereka berkata: “Kami beriman”, tetapi apabila mereka berkumpul sesama sendiri, mereka menggigit hujung jari kerana geram marah (kepada kamu), Katakanlah (Wahai Muhammad): “Matilah kamu Dengan kemarahan kamu itu”. Sesungguhnya Allah sentiasa mengetahui akan Segala (isi hati) yang ada di dalam dada.” [Ali Imran: 118 & 119]
..............................................
تُولِجُ اللَّيْلَ فِي النَّهَارِ وَتُولِجُ النَّهَارَ فِي اللَّيْلِ وَتُخْرِجُ الْحَيَّ مِنَ الْمَيِّتِ وَتُخْرِجُ الْمَيِّتَ مِنَ الْحَيِّ وَتَرْزُقُ مَنْ تَشَاءُ بِغَيْرِ حِسَابٍآل عمران : 27

"Engkaulah (Wahai Tuhan) yang memasukkan waktu malam ke dalam waktu siang, dan Engkaulah yang memasukkan waktu siang ke dalam waktu malam. Engkaulah juga yang mengeluarkan sesuatu yang hidup dari benda yang mati, dan Engkaulah yang mengeluarkan benda yang mati dari sesuatu yang hidup. Engkau jualah yang memberi rezeki kepada sesiapa yang Engkau kehendaki, dengan tiada hitungan hisabnya".

bermubahalah

“Siapa yang membantahmu tentang kisah Isa-Setelah engkau beroleh pengetahuan yang meyakinkan tentang hal itu, maka katakanlah kepada mereka : Marilah kita panggil (kumpulan) anak-anak kami dan anak-anak kalian, isteri-isteri kami, dan isteri-isteri kalian, diri-diri kami dan diri-diri kalian, kemudian kita bermubahalah kepada Allah, mohon agar Allah menjatuhkan laknat-Nya kepada pihak yang berdusta.” (Ali Imran : 61)