When Petronas Refinery and Petrochemical Integrated Development (Rapid) in Pengerang found a strategic and reliable partner from Saudi Aramco, they have agreed to pump in RM31 billion and acquire 50% stake in the project, does this means that the Arabs have already bought over Petronas as what Dr Mahathir’s boys would claim? Further to that, they accused PM Najib once again is selling our country to foreign investors apart from the Republic of China’s projects.
One of the main agenda in HRH King Salman’s inaugural visit to Malaysia is to ink share purchase agreement involving Saudi Aramco in Rapid’s refinery and cracker projects, which were a portion of Pengerang Integrated Complex. How does by acquiring part of Petronas project in Pengerang could affect Petronas in total thus Petronas landed into the Arab’s hands?
Once again, how does Petronas partnership with Arab Aramco, our national oil company is sold and on what basis that Dr Mahathir’s boys are relying on? ... Find out HERE!