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Message: <blockquote data-quote="DewA_LavaU" data-source="post: 2894111" data-attributes="member: 1649">Hi bro<img src="https://zerotohundred.com/forums/styles/default/xenforo/smilies/itsme.gif"  class="smilie" loading="lazy" alt=":itsme:" title="Itsme    :itsme:" data-shortname=":itsme:" />yes Petronas is custodian of Malaysian oil & gas reserves where protected under Petroleum & Hydrocarbon Act 1974. Petronas is responsible for all oil development within Malaysia. During early setup of Petronas the Govt has approved this enactment and paid around RM100 million in Petronas as initial start-up capital. Thats why where the GLC status came in. As time goes by, Petronas has paid around RM336 billion worth of tax back to Malaysian Govt since 1974. The question is?Where the hell this money goes & done by the Govt?:hmmmm:To answer your question : Petronas was NOT setup to ensure fuel price will not become a burden to the people of Malaysia, it just we are only sole custodian of Malaysian hydrocarbon resources :) thats all :)p/s : dont worry I'm not watchdog from Govt coz me oso vote for DAP as well hahahahahaha <img src="https://zerotohundred.com/forums/styles/default/xenforo/smilies/biggrin.gif"  class="smilie" loading="lazy" alt=":biggrin:" title="Biggrin    :biggrin:" data-shortname=":biggrin:" /><img src="https://zerotohundred.com/forums/styles/default/xenforo/smilies/idea.gif"  class="smilie" loading="lazy" alt=":idea:" title="Idea    :idea:" data-shortname=":idea:" /><img src="https://zerotohundred.com/forums/styles/default/xenforo/smilies/love.gif"  class="smilie" loading="lazy" alt=":love:" title="Love    :love:" data-shortname=":love:" /></blockquote>

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