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Election Watch

Extraction of all oil profits for 2008

The chart from this Powerpoint presentation and this accompanying Microsoft Word document explain how production contracts for petroleum actually work.In Malaysia, the situation is unique in that the "contractor's share" is split both ways, between Petronas and the international oil company that the contract is signed with, the amounts of which depend on the percentage agreed upon.

This excel sheet is an extraction of all oil profits received by the Government (estimates as reported in the Budget 2008 documents). This is the Petronas media statement giving its finances for the financial year 2008.

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