How to define fundamentally strong in Oil n Gas?

Cash rich? No debts?

Malaysia is actually a net importer of oil and our economy stands to gain from lower global crude prices, Prime Minister Datuk Seri Najib Razak said today.
Despite exporting oil extracted off the east coast of Peninsular Malaysia and also off Sarawak, the volume exported is still less than the amount imported for local consumption, he explained.
As a result, after setting off both exports and imports, Malaysia spends about RM1.2 billion overall to import oil for local consumption, said Najib.
The wrong assumption that Malaysia is a net oil exporter is the main reason why the ringgit’s value has fallen significantly over the last few months, he noted.
Once currency traders realise this fact, Najib is confident the ringgit’s value will rise again to be better reflective of the nation’s underlying economic fundamentals.

 
sell to other country to refine and then buy back??

Read more: http://www.therakyatpost.com/business/2015.../#ixzz3PKKOs5Tk

Something is really wrong with the statement like this.

so actually we are net importer of oil ? im tot the other way around .. what ......