Building a world of
resilient communities.

MAIN LIST

 

Malaysia and Indonesia may head towards dispute over oil claims

Malaysia and Indonesia appear headed towards a territorial dispute, with their national oil companies laying claim to potentially rich offshore oil-and-gas blocks off Borneo island.
Malaysia has said it was ready to contest any overlapping claim to the area. Petronas, Malaysia's national oil company, said that it “was in advance stages of awarding the ultra-deepwater blocks... which are within the Malaysian territorial boundary”.
But Pertamina, the Indonesian oil company, is also planning to award exploration contracts for the two blocks, located about 150 km off the Malaysian eastern state of Sabah and Indonesia's Kalimantan province.

Datuk Zainal Abidin Osman, a senior Foreign Ministry official, said that Malaysia was ready to contest any overlapping claim to the area.
“Malaysia's rights over these areas have never been disputed by any country before as they are clearly ours,” Datuk Zainal was quoted as saying.
The blocks lie near the islands of Sipadan and Ligitan, which for years were the subject of a dispute between Malaysia and Indonesia. The International Court of Justice handed Malaysia sovereignty over the islands in 2002.

Malaysia has also been stepping up its maritime claims around a zone rich in oil and natural gas near the Borneo island state of Sarawak that has been disputed by neighbouring Brunei. The ambiguity resulted in a confrontation in March last year, when a Malaysian navy patrol vessel ordered out an exploration team from Total, the French company awarded the exploration contract by Brunei.
Subsequent negotiations on production-sharing are believed to have stalled.

Editorial Notes: Original not found, seen reproduced on AOGC. -LJ

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.

Tags:  

Debt: The Key Factor Connecting Energy and the Economy

There are many who believe that the use of energy is critical to the growth …

Can the Climate Movement Break Free from the ‘Jobs vs. Environment’ Debate?

Where unions and greens coalesced around confronting rampant workplace …

Peak Oil Review - May 2

 A weekly roundup of peak oil news including: -Quotes of the Week -Oil …

The Debacle at Doha

Sunday, April 17th was the designated moment. The world’s leading oil …

Is Peak Oil Dead and What Does it Mean for Climate Change?   

This session seeks to bring together fossil fuel experts and climate experts …

Peak Oil Review: A Midweek Update - Apr 28

 A midweek update. Oil prices continued to climb this week, capped …

San Francisco Becomes First Major City to Require Solar Panels on New Buildings

San Francisco is one step closer to its goal of transitioning to 100 percent …