KUCHING: The Sarawak Gas Roadmap (SGR) will make Sarawak a key component in Malaysia’s aspirations to achieve nett zero carbon emissions by 2050.
The Malaysian Petroleum Resources Corporation (MPRC) in this instance is optimistic about the 10-year SGR.
Its Chief Executive Officer (CEO) Mohd Yazid Ja’afar said it will not only increase the use of cleaner fossil fuels in line with the energy transition but also pave the way for more opportunities for vendors to participate in new, future-ready businesses.
“Renewable energy has been identified as a main driver of growth towards Sarawak’s transformation into a high income, developed economy by 2030.
“In tandem with the energy transition in response to the urgent action needed to address climate change, Sarawak Oil & Gas, Services & Equipment (OGSE) players must balance financial survivability with long-term sustainability,” he said.
He was speaking at the launching ceremony of the OGSE Roadshow 2022 at Borneo Convention Centre Kuching (BCCK) here today.
Under the OGSE Blueprint, Yazid said, OGSE players will be guided towards institutionalising sustainability practices.
He added that the OGSE Blueprint contained initiatives designed to support and lead OGSE companies towards entering adjacent industries such as renewable energy, which the OGSE companies could readily enter due to their existing competencies in oil and gas.
He pointed out that existing competencies, in turn, are immediately transferable to the adjacent industries.
Jointly organised by the Sarawak Economic Planning Unit (EPU) and MPRC, the roadshow was officiated by Energy and Environmental Sustainability Deputy Minister Dr Hazland Abang Hipni.
“The OGSE industry needs to progress in a more sustainable manner,” said Hazland.
“The current trend is to phase out fossil fuels as we are now going through a transition of energy where hydrogen is the energy of the future.
“Hence, Sarawak is focusing and committing a lot of effort towards greener sources of energy such as hydro, solar and hydrogen.
“In other words, leveraging on the state’s natural resources of over 300 rivers as well as regular rainfall, abundant sunshine and natural gas,” said Hazland.
