Author Topic: Petrol will be RM2.70 a litre at midnight tonight  (Read 4049 times)

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Jundullah_232

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Re: Petrol will be RM2.70 a litre at midnight tonight
« Reply #15 on: June 13, 2008, 07:32:11 PM »
yg info nie aku tak pasti la..tapi come from adik kpd menteri...

dia kata..memang kita hasil minyak banyak.kalau nak ikutkan memang tak payah naik harga...tapi masalah timbul masa pemerintahan TMM....

dia dah jual semua minyak..tak kira la yg dah di proses atau yg belum lagi..sbb kata lah dia anggarkan satu tempat  di terengganu tu ..kalau digali dpt lebih kurang 500,000 ribu tong  la katakan..dia dah jual semuanya..dgn harga pada masa itu..so..sekarang nie..walau harga tinggi..kita dah jual/pajak dah minyak tu dgn harga rendah...dgn kata lainnyar...MANGKUK HAYUN la tuh...

-edi-

ooo mcm tu ke..  :o tapi nape tak di hebahkan.. klu betul la.. bunyi mcm tak releven je.. sebab cara pasaran minyak dijual bukan boleh buat kaedah pajak memajak mcm nie.. takpe la aku pie tanya Tun Mahathir sendiri kat BBB Kompleks sukan..nak dgr ceramah dia.. ::) (mcm boleh je)

ape2 pun.. Polis sudah bikin kacau je.. member yg tunggu kat mesjid KLCC tension je.. dok tunggu rombongan org minyak tak sampai2.. >:(
ikutkan ramai nak ikut demo hari nie.. but depa sudah sekat la pulak... susah2 kita demo je kat stesen2 minyak.. klu nak kita buat kat petronas Sri putra tu je.. kumpul 100 - 200 org dgn sepanduk2 yg best.. than mintak wartawan sinar ambik gambar.. biak paper tu penuh dengan gambar rakyat berdemo...

Demo la nie ni tak serupa duluuuu....  ;D

ibnhussin

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Re: Petrol will be RM2.70 a litre at midnight tonight
« Reply #16 on: June 14, 2008, 11:03:19 PM »
Walaupun saya juga tidak bersetuju dengan kenaikan harga petrol dan pembaziran serta penyelewengan kerajaan persekutuan, saya juga tidak bersetuju dengan kaedah mengaibkan seorang  muslim. (rujuk gambar lalu, posted by sdr xemadi)

Firman Allah Ta'ala
(ertinya) Wahai orang-orang yang beriman! Janganlah sesuatu puak (dari kaum lelaki) mencemuh dan merendah-rendahkan puak lelaki yang lain, (kerana) harus puak yang dicemuhkan itu lebih baik daripada mereka ... (al-Hujurat: 11)

Saya memohon Tuan Moderator dan sahabat-sahabat lain agar memberi perhatian terhadap hal-hal yang berkaitan dengan mengaibkan seorang muslim yang lain, kerana hal ini berkaitan dengan dosa dan pahala.

Joke macam mana sekali pun tidak seharusnya ada unsur pengaiban terhadap seorang muslim lain. Firman Allah ta'ala
(ertinya) "Sesungguhnya orang-orang beriman (mukmin) itu bersaudara..." (al-hujurat:10)

Walau anda tidak bersetuju macam mana sekalipun terhadap seseorang itu, hakikatnya dia tetap saudara anda (selagi dia tidak murtad/ kafir). Syurga dan Neraka itu hanya ditentukan oleh Allah 'azza wa jalla.

Mohon maaf sekiranya tulisan saya menyinggung sahabat-sahabat di sini. Saya sekadar memberi teguran, yang lain tu terpulang lah. Saya bukan ahli mana-mana parti politik.

Wallahu'alam
« Last Edit: June 14, 2008, 11:30:00 PM by ibnhussin »

yusrie

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Re: Petrol will be RM2.70 a litre at midnight tonight
« Reply #17 on: June 17, 2008, 09:11:08 AM »
Berikut adalah penjelasan daripada 'orang dalam' PETRONAS...

Dear all,

After reading all the chain mails and blogs, I feel called to reply, because of the relentless attacks and allegations -- most of which are inaccurate or baseless -- against PETRONAS.

PETRONAS' STAFF SALARY & BONUS

1) The salaries paid to PETRONAS' employees are not as high as people think. At best, they are just industry average. And these are not attractive enough for some who left PETRONAS to find work at other companies (mainly from the Middle East) which are willing to pay more. Why do they pay more? The oil and gas industry worldwide has been facing acute shortage of qualified or experienced personnel, so most companies are willing to pay lots of money to entice and pinch staff from their competitors.

Bonus? There has NEVER been a bonus amounting to 6 months or 12 months throughout the 33 years. On average, it is 2 months. But don't ever think we don't deserve it. We more than deserve it. A lot of us work really hard, some in the most extreme of conditions. Those who have been to and worked in northern Sudan, for example, would testify that it's like working in a huge blower oven. Southern Sudan, on the other hand, is almost all swamps and mud. Imagine having to go through that kind of heat, or waddling in muddy swamps, day in and day out.


QUALITY OF CRUDE & REFINED PRODUCTS

2) Malaysia produces about 600,000 barrels of crude oil per day (and about 100,000 barrels condensate). Of this crude volume, 339,000 barrels are refined locally for local consumption. The rest is exported (and yes, because it has lower sulphur content it fetches higher prices).

Malaysia also imports about 230,000 barrels of crude oil per day, mainly from the Middle East, to be refined here. This crude oil contains higher sulphur and is less expensive (so the country gains more by exporting our crudes). In Malaysia, this crude is processed by PETRONAS at its second refinery in Melaka, and also by Shell at its Port Dickson refinery.

Different refineries are built and configurated to refine different types of crude. And each crude type yields different percentage of products (diesel, gasoline, kerosene, cooking gas etc) per barrel.

But most importantly, products that come out at the end of the refining process have the same good quality regardless of the crude types. That's why PETRONAS, Shell and Exxon Mobil share the same pipeline to transport the finished products from their refineries to a distribution centre in the Klang Valley. The three companies collect the products at this centre accordingly to be distributed to their respective distribution networks. What makes PETRONAS' petrol different from Shell's, for example, is the additive that each company adds.
 

PETRONAS' ROLE, FUNCTION & CONTRIBUTION

3) A lot of people also do not understand the role and function of PETRONAS, which is essentially a company, a business entity, which operates on a commercial manner, to mainly generate income and value for its shareholder. In this case, PETRONAS' shareholder is the Government.

In 1974, when PETRONAS was set up, the Government gave PETRONAS RM10 million (peanuts, right?) as seed capital. From 1974 to 2007, PETRONAS made RM570 billion in accumulated profits, and returned to the Government a total of RM335.7 billion. That is about 65% of the profits. That means for every RM1 that PETRONAS makes, 65 sen goes back to the Government.

Last year, PETRONAS made a pre-tax profit of RM86.8 billion. The amount given back to the Government (in royalty, dividends, corporate income tax, petroleum products income tax and export duty) was RM52.3 billion. The rest of the profit was used to pay off minority interests and taxes in foreign countries (about RM7.8 billion - PETRONAS now operates in more than 30 countries), and the remaining RM26.7 billion was reinvested. The amount reinvested seems a lot, but the oil and gas industry is technology- and capital-intensive. Costs have gone up exponentially in the last couple of years. Previously, to drill a well, it cost about US$3 million; now it costs US$7 million. The use of rigs was US$200,000 a day a couple of years ago; now it costs US$600,000 a day. 

A lot of people also do not realise that the amount returned by PETRONAS to the Government makes up 35% of the Government's total annual income, to be used by the Government for expenditures, development, operations, and yes, for the various subsidies. That means for every RM1 the Government makes, 35 sen is contributed by PETRONAS.

So, instead of asking what happens to PETRONAS' money or profits, people should be questioning how the money paid by PETRONAS to the Government is allocated.


CRUDE EXPORTS & FUEL PRICES

4) A lot of people also ask, why Malaysia exports its crude oil. Shouldn't we just stop exporting and sell at cheaper prices to local refiners? If Malaysia is an oil exporting country, why can't we sell petrol or diesel at cheaper prices like other oil producing countries in the Middle East?

I guess I don't have to answer the first couple of questions. It's simple economics, and crude oil is a global commodity.

Why can't we sell petrol and diesel at lower prices like in the Middle East? Well, comparing Saudi Arabia and other big producers to Malaysia is like comparing kurma to durian, because these Middle Eastern countries have much, much, much bigger oil and gas reserves.

Malaysia has only 5.4 billion barrels of oil reserves, and about 89 trillion cubic feet of gas. Compare that to Saudi Arabia's 260 billion barrels of oil and 240 trillion cubic feet of gas.

Malaysia only produces 600,000 barrels per day of oil. Saudi Arabia produces 9 million barrels per day. At this rate, Saudi Arabia's crude oil sales revenue could amount to US$1.2 billion per day! At this rate, it can practically afford almost everything -- free education, healthcare, etc, and subsidies -- for its people.

But if we look at these countries closely, they have in the past few years started to come up with policies and strategies designed to prolong their reserves and diversify their income bases. In this sense, Malaysia (and PETRONAS) has had a good head start, as we have been doing this a long time.

Fuel prices in Malaysia is controlled by the Government based on a formula under the Automatic Pricing Mechanism introduced more than a couple of decades ago. It is under this mechanism that the complex calculation of prices is made, based on the actual cost of petrol or diesel, the operating costs, margin for dealers, margin for retail oil companies (including PETRONAS Dagangan Bhd) and the balancing number of duty or subsidy. No retail oil companies or dealers actually make money from the hike of the fuel prices. Oil companies pay for the products at market prices, but have to sell low, so the Government reimburses the difference -- thus subsidy.

Subsidy as a concept is OK as long as it benefits the really deserving segment of the population. But there has to be a limit to how much and how long the Government should bear and sustain subsidy. An environment where prices are kept artificially low indefinitely will not do anyone any good. That's why countries like Indonesia are more pro-active in removing subsidies. Even Vietnam (which is a socialist country, by the way) is selling fuel at market prices.


PETRONAS & TRANSPARENCY

5) I feel I also need to say something on the allegation that PETRONAS is not transparent in terms of its accounts, business transactions etc.

PETRONAS is first and foremost a company, operating under the rules and regulations of the authorities including the Registrar of Companies, and the Securities Commission and Bursa Malaysia for its listed four subsidiaries (PETRONAS Dagangan Bhd, PETRONAS Gas Bhd, MISC Bhd and KLCC Property Holdings Bhd.
 
PETRONAS the holding company produces annual reports which are made to whomever wants them, and are distributed to many parties and places; including to the library at the Parliament House for perusal and reading pleasure of all Yang Berhormat MPs (if they care to read). PETRONAS also makes the annual report available on its website, for those who bother to look. The accounts are duly audited.

The website also contains a lot of useful information, if people really care to find out. Although PETRONAS is not listed on Bursa Malaysia, for all intents and purposes, it could be considered a listed entity as its bonds and financial papers are traded overseas. This requires scrutiny from investors, and from rating agencies such as Standard & Poor and Moody's.


BOYCOTT PETRONAS?

6) The last time I checked, this is still a democratic country, where people are free to spend their money wherever they like.

For those who like to see more of the money that they spend go back to the local economy and benefiting their fellow Malaysians, perhaps they should consider sticking to local products or companies.

For those who like to see that the money they spend go back to foreign shareholders of the foreign companies overseas, they should continue buying foreign products.

FINAL WORD (FOR TODAY)

I'm sorry this is rather long, but I just have to convey it. I hope this would help some of you out there understand something. The oil and gas industry, apart from being very capital intensive, is also very complex and volatile. I'm learning new things almost every single day.

Appreciate if you could help to forward this response to as many contacts as possible to counter the subversive proposal out there.

Thank you.


yusrie

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Re: Petrol will be RM2.70 a litre at midnight tonight
« Reply #18 on: June 17, 2008, 09:22:56 AM »
PART 2:

Do what you like.

The price of gasoline at the petrol station is set by the Government, not PETRONAS.

PETRONAS  has done its patriotic duty by paying the dividends, royalties, corporate tax, petroleum tax etc to the Government for YOUR benefit (rakyat lah).

And bear in mind that 30% of its revenue comes from overseas operations, thus bringing in foreign exchange to the country.

OK. Assuming that you buy this idea proposed by whoever it was.

So PETRONAS will have reduced revenues. Bear in mind that the costs of operations are also increasing. So the profits are reduced. Then PETRONAS and other oil companies pay less taxes.

Then the Government will have less revenue. (Note: at least 40% of Government revenue for 2007 came from the oil industry). With less revenue, there will be less Government projects (you can then forget about bridges and highways, and rail tracks, and smart schools and not-so-smart universities, and hospitals, etc). So contractors and consultants, and con-sultans and con-cronies will cry and scream. Makan batu lah..

The Government has already announced freezing of recruitment. So, many new graduates will be unemployed. Makan batu lagi. Maggi mee pun tak mampu dah.

Later, all sorts of allowances for civil servants will have to be withdrawn. Treasury tak cukup duit.

On top of that the oil industry may have to scale back many of its new investments, totaling about 45 billion ringgit over the next few years. Contractors, service providers, steel fabricators, maritime service providers etc will join the ratapan tangisan – no jobs.

Don’t forget that PETRONAS is sponsoring thousands of students in universities and even high schools – at any one time there are more than 4,500 university students being sponsored by PETRONAS in Malaysian universities and overseas. Also more than 2,000 high school children receive minor scholarships – children of poor families.

Kalau PERTRONAS tak ada duit, kesian lah mereka di atas tu. Shall I ask them to see the proposer of this idea (to boycott PETRONAS) and seek help from them instead?

So, it is to YOUR benefit that you make sure PETRONAS keeps making enough money to support YOUR Government so that your children can continue to go to school without paying for fees and books, and to go to universities at peanuts rates.

CONCLUSION: Help yourself and your family and your country by making sure that PETRONAS keeps making profits. Go to the nearest PETRONAS station and fill up now!!

Don’t forget that if you go to non-Petronas station, the profits that these companies get will go their shareholders OVERSEAS.

So, be patriotic. Do your duty. Go to PETRONAS!!

(I hope you guys will help to send this response to as many contacts as possible to counter this subversive proposal).



ibnhussin

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Re: Petrol will be RM2.70 a litre at midnight tonight
« Reply #19 on: June 17, 2008, 09:36:16 AM »
Bonus? There has NEVER been a bonus amounting to 6 months or 12 months throughout the 33 years. On average, it is 2 months. But don't ever think we don't deserve it.

My cousin has been working with Petronas for almost 7 years and he admitted that he did received 6 month bonus, but I know he deserved it.

Bandar Seri Putra, Bandar Bukit Mahkota & Taman Impian Putra

Re: Petrol will be RM2.70 a litre at midnight tonight
« Reply #19 on: June 17, 2008, 09:36:16 AM »



za

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Re: Petrol will be RM2.70 a litre at midnight tonight
« Reply #20 on: June 17, 2008, 11:26:39 AM »
Bonus? There has NEVER been a bonus amounting to 6 months or 12 months throughout the 33 years. On average, it is 2 months. But don't ever think we don't deserve it.

My cousin has been working with Petronas for almost 7 years and he admitted that he did received 6 month bonus, but I know he deserved it.
"
I went for a talk in the weekend. They gave 2 reasons that the economy outlook is getting better:
1- Bush has to do something with the declining US currency so his party can win in their upcoming election- and for the past week USD has appreciated against Euro. If USD keeps going up, oil price will stabilise….economy outlook will be better
2- even if Bush fails to do the above, when Obama takes over, he will make oil company pay tax so he can use the $ to help the Americans..so the outlook will be good too . If US is good, then Malaysia will also be good
 
Actually Malaysia is making a lot of $ from the increase in oil price (as you may know). The gov also making a lot from the sales of palm oil which also increased in price …but gov keep complaining of higher subsidy, no budget, cut cost etc….cos they don’t want to give out $$ to the opposition states…..and who knows what they do with all the $$$...
"

xemadi

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Re: Petrol will be RM2.70 a litre at midnight tonight
« Reply #21 on: June 17, 2008, 04:24:15 PM »
Walaupun saya juga tidak bersetuju dengan kenaikan harga petrol dan pembaziran serta penyelewengan kerajaan persekutuan, saya juga tidak bersetuju dengan kaedah mengaibkan seorang  muslim. (rujuk gambar lalu, posted by sdr xemadi)

Firman Allah Ta'ala
(ertinya) Wahai orang-orang yang beriman! Janganlah sesuatu puak (dari kaum lelaki) mencemuh dan merendah-rendahkan puak lelaki yang lain, (kerana) harus puak yang dicemuhkan itu lebih baik daripada mereka ... (al-Hujurat: 11)

Saya memohon Tuan Moderator dan sahabat-sahabat lain agar memberi perhatian terhadap hal-hal yang berkaitan dengan mengaibkan seorang muslim yang lain, kerana hal ini berkaitan dengan dosa dan pahala.

Joke macam mana sekali pun tidak seharusnya ada unsur pengaiban terhadap seorang muslim lain. Firman Allah ta'ala
(ertinya) "Sesungguhnya orang-orang beriman (mukmin) itu bersaudara..." (al-hujurat:10)

Walau anda tidak bersetuju macam mana sekalipun terhadap seseorang itu, hakikatnya dia tetap saudara anda (selagi dia tidak murtad/ kafir). Syurga dan Neraka itu hanya ditentukan oleh Allah 'azza wa jalla.

Mohon maaf sekiranya tulisan saya menyinggung sahabat-sahabat di sini. Saya sekadar memberi teguran, yang lain tu terpulang lah. Saya bukan ahli mana-mana parti politik.

Wallahu'alam

First sekali, Sheikh Fakhrul, appreciate ur concern untuk menjaga keharmonian forum ni. Saya terima dgn hati terbuka atas semangat amar maaruf, nahi munkar. Yg baik kita sebarkan, yg tak baik kita tegah.

Tp, maaf cakaplah, ana pernah tgk karikatur Mahathir kena pulas tangan kat belakang dek Siti Hasmah. Isu dia pasal apa ntah? dah lupa. Something to do dgn kawin dua lah kot. Mengaibkan jugak tu. Tak pernah pulak dengar fatwa mengharamkan karikatur tu. Munkin ada yg lebih cynical lagi kat paper2 sejak dulu lagi. Tak pernah dengar fatwa yg mengharamkan.

Maybe menda2 mcm ni x pyh kuar fatwa kot. Dah jelas. At least bg peringatan aje pun dah cukup. Tp, itupun x pernah jumpa.

Anyway, kata omputih, no big deal. Just to make a point.

Rest my case.

Bandar Seri Putra, Bandar Bukit Mahkota & Taman Impian Putra

Re: Petrol will be RM2.70 a litre at midnight tonight
« Reply #21 on: June 17, 2008, 04:24:15 PM »