Wednesday, August 30, 2006

More and More Malaysian Natural Gas being exploited !!!

Today's The Star (Malaysian Daily) indicated that China National Offshore Oil Corp has reached an agreement to buy LNG from Malaysia.

We can see how our Malaysian Natural Gas being exploited by other countries while we are not able to use them ourselve.

Every time when Petronas announced a new finding of a huge Gas field, these big Giants will be at Petronas doorstep. They will wipe out every single cubic meters of these findings while we Malaysia are not given any chance to enjoy the benefits.

Why can't we, the Malaysian Government, provide a sort of Quota before we sell to the foreign parties? Why cann't we use our right to insist that the gas be first given to the Malaysian to use, some we conserve and balance we sell?

Assumming that this new contract is going to need building of a new LNG plant capable of producing 10 million Metric Ton a year, why can we be given 1 million (10%). Let us use this 1 million to clear the air that we breath in. We can use in running all our Power Plants, SMEs, Generator sets, Lorries, Trucks, Buses, Trains, fisherment boats, ferries and many more.

The technology to convert these equipment are available and they are not rocket science.

I am pretty sure that this will have something to do with the recent finding of a record Gas field (F8) found off Sarawak. The announcement was made by Petronas not long ago. I predicted that this will happen and it does.

It is so sad that the attitude of our Country is to sell the best product to other people while we keep using highly polluted diesel (High Sulphur, 0.3 max) to run our lorries, buses, trains, fishing boats, factories (SME) and most generator sets.

I strongly believed that we should keep these gases for our own used or perhaps for energy conservation so that we will still have the gas for the future generation.

All these while the Government gave to much Power to Petronas to Capitalise the Country's asset for their own benefits. We need to check them and make them understand that each individual in Malaysia have some right on these Oil and Gas findings. We should revempt the way Petronas exploit the Gas and let us be given a kind of right to use these gases for our own selve thus reducing air pollution in our country. At the same time we can cut the oil subsidies to the max.

No comments: