Oil, gas and energy sector needs three-pronged sustainability approach


Dateline 2012-10-17:

A THREE-PRONGED approach must be taken to sustain the country’s oil, gas and energy sector.

Oil, Gas and Energy (OGE) and Financial Services in the Perfor-mance Management and Delivery Unit director Dr Mohammed Emir Mavani Abdullah said the sector played a crucial role to the nation’s economy, contributing 20% to the growth domestic product.

However, he said sustainable effort had to be taken as the oil and gas industry had seen a declining trend in its production since 1990’s.

“We need to take a three-pronged approach to sustain the industry.

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