Malaysia’s Petronas wins right to challenge Sarawak gas laws in court

Malaysia’s highest court on Monday allowed national energy firm Petronas to pursue a legal bid to challenge several laws passed by the state of Sarawak, amid a protracted dispute over gas distribution rights. Sarawak, on Borneo island, is home to more than 60 per cent of Malaysia’s gas reserves and has long sought greater control over its natural resources. In recent years, it has passed laws and appointed its own firm Petros to procure, distribute, supply and sell all natural gas in the state,...