MEDIA STATEMENT

25 Feb 2026, Kuching - The PETROS case decided today on the unconscionable call of the bank guarantee under the Sarawak Gas Sale Agreement (GSA) was based solely on the technical grounds relating to the bank guarantee. The Kuching High Court did not make any decision on the underlying legality of the Sarawak GSA, nor did it rule on the merits of the constitutional arguments concerning the Distribution of Gas Ordinance, 2016 (DGO 2016).

The High Court’s decision does not impair PETROS’ ability to pursue further legal actions to seek clarity on its rights and position under the DGO 2016.

PETROS will review the written judgment carefully and consider the appropriate legal steps in accordance with the law.

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