Shell Malaysia does not expect the granting of 20% oil royalties to Sabah and Sarawak to impact their investments. Chairman Datuk Iain Lo said oil and gas regulations in Malaysia were very clear for companies like Shell, and as long as the fiscal and regulatory regime was good, Shell would continue investing in the country. "As far as I can see, neither the state governments (Sabah and Sarawak) nor Petronas will do anything that will undermine the investment climate here," he told reporters after a courtesy call on Sabah Chief Minister Datuk Seri Mohd Shafie Apdal here today. On another development, Lo said Shell was always looking to see how it could expand its business in Malaysia's oil and gas sector. Lo said Shell was proud of the success attained by one of its corporate social responsibility programme in Sabah, the ''Access to Energy'' carried out at a remote village in Pensiangan.

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