Petronas contributes RM732b to government
Petronas has contributed RM732 billion to the government since its inception in 1974 until the financial year ended December 31, 2012, the Dewan Rakyat was told today.
Of the total, accumulated dividend was RM278 billion, proceeds from petroleum (RM124 billion), income tax (RM310 billion) and export duty (RM20 billion), Prime Minister Datuk Seri Najib Razak said.
"Petronas has actually contributed a substantive amount to the government since its establishment in 1974," said Najib, who is also the Finance Minister, in his written reply to Nga Kor Ming (DAP-Taiping).
Nga had asked Najib to give a one-by-one account of Petronas' contribution to the government since the inception of the national oil corporation since 1974 till now.-- Bernama