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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Malaysia: Time for a sovereign fund derived from O&G?

Posted on 14 April 2014

The question of whether Malaysia should have a sovereign wealth fund derived from its natural resources is one that has been raised many times. The government has been using revenue derived from the country’s natural resources – in particular dividends from the nation’s oil and gas (O&G) company Petroliam Nasional Bhd (Petronas) – for development.
O&G-producing nations like Norway, the United Arab Emirates (UAE), the United States, Russia, Algeria and Kazakhstan have set up their own sovereign wealth funds derived from the sector………………………………………..Full Article: Source


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