Petros will not displace or undermine Petronas, says Abang Johari
The Sarawak premier says the state government will continue to cooperate with Petronas as it increases its capacity to process Sarawak’s resources.
Sarawak Premier Abang Johari Openg has stated that Petros, the state oil company, will not displace or undermine Petronas in Sarawak's gas sector. The premier clarified that the state government remains committed to collaborating with Petronas. Petros has been in talks for over a year with the Norwegian energy infrastructure company Höegh Evi to develop, own, and operate the Kuching LNG terminal.
On Thursday, Petros and Höegh Evi announced a joint development agreement for the Kuching LNG terminal. The premier also mentioned that Sarawak is exploring the establishment of small-scale LNG plants using locally available feedstock, with regasification enabling the conversion of LNG back into gas for downstream activities. This approach would allow Sarawak to capitalize on higher-value products and reduce dependency on fluctuating gas prices.
Additionally, the state is pursuing carbon capture, utilization, and storage projects near Mukah-Balingian as part of its broader energy strategy.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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