Malaysia, Sarawak Sign Historic Energy Deal: A New Era of Collaboration

Malaysia's Federal Government and Sarawak Sign Landmark Declaration on Petronas and Petros Kuala Lumpur, May 21, 2025 – In a significant development for Malaysia's energy sector, the Federal Government and the state of Sarawak today signed a joint declaration addressing long-standing issues related to Petronas and Petros. The agreement, signed at Perdana Putra by Prime Minister Anwar Ibrahim and Sarawak Premier Abang Johari Openg, marks a new chapter in the relationship between the federal and state governments. The declaration outlines a framework for collaboration on oil and gas resources, ensuring equitable distribution of benefits and promoting sustainable development in Sarawak. While the specific details of the agreement remain undisclosed, Prime Minister Anwar Ibrahim stated, "This is a momentous occasion, signifying a commitment to collaboration and mutual prosperity." The agreement also emphasizes Sarawak's growing economic capabilities and its potential for future growth in the energy sector. The signing ceremony was witnessed by several high-ranking officials from both the federal and state governments, underscoring the importance of this agreement. This collaborative approach is expected to foster economic growth and stability in both Sarawak and Malaysia as a whole, setting a positive precedent for future intergovernmental cooperation.