Malaysia committed to cut oil revenue dependence, says minister

Wata - Malaysian Oil and Gas Engineer

Note to self – search for new career.

Dateline 2015-04-23, TMI:

Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar said Malaysia had continued its effort to reduce national dependence on crude oil revenue, amid lower prices of the commodity.

Wahid, who is in charge of economic planning, said the country hoped to reduce dependence on oil to below last year’s contribution of about 30% to national income.

He said the country had been diversifying its economy.

“We have been consistently diversifying the economy to reduce dependence on the oil and gas sector,” Wahid said at the Invest Malaysia 2015 event in Kuala Lumpur today.

View original post


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s