Dateline 2021-12-13, The Edge:
Petronas Dagangan Bhd (PDB) has signed a heads of agreement with Petroleum Sarawak Bhd (PETROS) to mark the strategic partnership between the two parties in the liquefied petroleum gas (LPG) business in Sarawak.
The partnership includes the divestment of PDB’s LPG business in Sarawak to PetrosNiaga Sdn Bhd (PNiaga), a fully-owned subsidiary of PETROS, and a subscription of shares in PNiaga by PDB.
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Dateline 2021-12-27, Argus Media:
Malaysia’s state-owned Petronas’ decision about how to move forward with its gas supplies after announcing a 2050 net-zero target has been complicated by current high spot LNG prices.
The firm’s net-zero plan includes hydrogen as a crucial step. It said blue hydrogen offers a way to monetise the 1.5 trillion m³ of shale gas reserves it owns as part of a joint venture in Canada. But current “spectacular” LNG prices are complicating the picture. “There’s this energy transition going on… but now LNG is looking beautiful. The price is spectacular,” Petronas’ hydrogen business head Adlan Ahmad said.
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Dateline 2021-12-24, The Star:
IN September 2021, at the unveiling of the 12th Malaysia Plan, Prime Minister Datuk Seri Ismail Sabri Yaakob announced Malaysia’s commitment to become carbon neutral as early as 2050. To substantially decarbonise the Malaysian economy, the power sector has a crucial role to play.
In Malaysia, natural gas and coal contribute to more than 80% of the power generation mix.
The government targets renewable energy (RE) to constitute 31% of installed power generation capacity in 2025 and 40% in 2035.
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Wasn’t this more like, PETRONAS needed someone to buy the gas, and found a patsy?
Dateline 2021-12-13, The Star:
Petroliam Nasional Bhd (Petronas) will raise the supply of natural gas to Sarawak by more than 250%, or up to 1,200 mmscf (million standard cubic feet) per day from the current 450 mmscf per day to support the implementation of projects under the Sarawak Gas Roadmap (SGR).
Chairman Tan Sri Mohd Bakke Salleh said the staggered increase in the natural gas supply would not only support Sarawak’s aspiration to attract investments from new, higher value-adding industries into the state but also provide the necessary impetus for further downstream exploration that would strengthen the state’s hydrocarbon resource base.
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Dateline 2021-12-13, FMT:
Malaysia has ventured into the production of second-generation biodiesel and biojet fuels, which are expected to be commercialised to the global market in the next four to five years.
Plantation industries and commodities minister Zuraida Kamaruddin said the significant milestone was achieved following the signing of a memorandum of understanding (MoU) on technical exchange on the production of second-generation biodiesel and biojet fuels in Malaysia today.
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Posted by Wata
Disclaimer – I have no financial interest, I am a Patreon backer of the author, Jenny Jinya.
Have a look at her work at Loving Reaper, and see if it doesn’t tug your heartstrings if you have any joy in pets and animals. Buy her hardcopy compilation.
Everything has its own priority, when you reach animals and have the means, please manage pet breeding, support trap, neuter and release programs and your local animal shelter.
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Dateline 2021-12-11, Malaysian Reserve:
Petroliam Nasional Bhd (Petronas) has inked a memorandum of understanding (MoU) with Petroleum Sarawak Bhd (Petros) to gradually increase natural gas supply to Sarawak to up to 1,200 million standard cubic feet per day (mmscf/d) by 2030.
Sarawak Chief Minister Tan Sri Abang Johari Tun Openg said the MoU would realise firm progress towards Sarawak Gas Roadmap (SGR), a 10-year plan designed for the full potential of the state’s abundant gas resources under the Sarawak Vision 2030.
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Dateline 2021-12-11, Malay Mail:
The state government will continue to strengthen Petroleum Sarawak Berhad (Petros) in spearheading Sarawak’s enhanced involvement in the oil and gas industry, said Chief Minister Tan Sri Abang Johari Openg today.
He said that this is being done through assuming regulatory control of onshore mining, enforcing Sarawak’s constitutional authority over the distribution of gas and increasing Petros’ participation in offshore petroleum production areas.
“A key enabler is access by the state for adequate natural gas supplies needed to drive the state’s industrial development agenda,” he said when speaking at the Memorandum of Understanding signing between Petroliam Nasional Berhad (Petronas) and Petros for the Revised Total Natural Gas Supply to Sarawak for the implementation of projects under the Sarawak Gas Roadmap (SGR).
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A bit of history.
Dateline 2021-07-02, Malaysian Reserve:
GAS Malaysia Energy and Services Sdn Bhd (GMES), a wholly owned subsidiary of Gas Malaysia Bhd has signed the gas sales agreements (GSAs) with Petroliam Nasional Bhd (Petronas) through Petronas Energy & Gas Trading Sdn Bhd (PEGT).
The deal is a continuation of a long-term supply of natural gas from PEGT to GMES in to support the supply security of energy in Malaysia, provide social and economic growth, as well as contribute to the success of gas market liberalisation.
The GSAs were formalised on Dec 2, 2021, where PEGT was represented by its CEO Khairuddin Khalik, while GMES was represented by CEO Shahrir Shariff.
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This is MATRADE marketing here. Let’s not make this an ‘indah kabar dari rupa’ fiasco.
Dateline 2021-12-09, Bangkok Post:
Malaysia’s oil & gas services and equipment (OGSE) industry plays a significant role in the country’s oil and gas sector. In recent years, the OGSE industry has pivoted towards producing a greater share of sustainable energy while at the same time balancing affordability, access and job creation. In the coming years, through innovation and advancement in low-carbon technologies, the growth of the sector is expected to be achieved in a sustainable manner without greater costs to future generations.
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Wata - Malaysian Oil and Gas Engineer 