PSC Technology Malaysia

What is the concept of Production Sharing Control technology in Malaysia? Give me a summary.

Entire ownership of Nation's petroleum resources is vested to PETRONAS.PETRONAS has exclusive rights to exploit Nation's petroleum resources.PETRONAS, as a custodian, manages the petroleum resources of the Nation.Formulates relevant policy and guidelines.Provides necessary incentives and conducive investment environment for upstream petroleum business.Adds value to the petroleum resources.

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MPSC Conept.pdf (393.7 KB, 39 views)

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Answered By StudyChaCha Member