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Is Malaysia’s Rigid Fiscal Regime the Best Recipe for Petronas’ Success?

petronas

Daniel Johnston, in his book International Petroleum Fiscal Systems and Production Sharing Contracts dubbed Malaysia as having “one of the toughest fiscal systems in South East Asia” after an extensive research covering 148 oil and gas-producing nations and their respective petroleum taxation systems. In simpler language, he means that we have the toughest regulations to ensure we get the most …

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