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Borneo Bulletin: Shell invests 90 per cent of oil exploration in Bintulu

By Magdalene Rogers

KUCHING – Shell Malaysia is placing importance in its investment in Sarawak and would continue to do so as currently it has invested some 90 per cent of its RM70 billion investment in oil exploration and production in Bintulu in the state.

Its chairman Saw Choon Boon said at the Shell Kenyalang Press Awards here recently that “Sarawak continues to be the heartland of our exploration and production business and a key area of operations.”

“With the hub of our business in Sarawak, there are also many leading Sarawakians in top positions in Shell. Bintulu is also the first liquefied natural gas (LNG) in the world and that helps to put Sarawak in the map,” he said.

“Sarawak’s importance (to Shell) is also unquestionable,” he stressed, adding that Shell’s presence in the State began in Miri in the 1890s with the sales of kerosene.

“Kerosene was our first business in Malaysia and that began in Miri in 1910. After 115 years of cooperation and I hope many more to come, Malaysia, in particular, Sarawak, has grown to become a very important part to the Shell group,” he said.

He added that the company’s social responsibility programmes in the state are also “many and diverse.”

Saw cited the Awards as its support for Sarawak’s media fraternity which he described as “vibrant, responsible media” and “Shell is committed to be here for a long time.”
 

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