Malaysian Oil and Gas company and specialised lubricant maker Petronas recently entered a new agreement with Sabah Energy.
Under the new concord, Petronas will supply the Sabah Energy Corporation (SEC) with natural gas to support its activities in the steel industry.
The support will be delivered via Malaysia Petroleum Management (MPM) and will see SEC receive an extra 104 MMSCFD (million standard cubic feet per day) of natural gas to aid its energy and industrial requirements. This will increase the total natural gas supply to 370 MMSCFD, and 150 MMSCFD will be allocated to Esteel Enterprise Sabah to bolster its production of steel and support its efforts to start using more sustainable and greener practices.
The recent agreement was overseen by Malaysian politician Hajiji Noor, Chief Minister of Saba, highlighting the important role Petronas plays in supporting the economic development of Saba in supplying energy security for important sectors like industrial manufacturing and power generation.
Hajiji Noor commented that the new agreement marked a significant move towards reaching the long-term goals for Sabah’s development. These include promoting energy security, industrial growth and producing new opportunities that can help drive the energy company’s progress. He added that Sabah looked forward to collaborating further with Petronas in the future.
Anuar Ismail, MPM’s Senior General Manager for Integrated Hydrocarbon Management, represented Petronas at the formalisation of the agreement, while CEO Datuk Adzmir Abdul Rahman represented SEC.
Datuk Ir. Bacho Pilong, Senior VP at MPM, was also in attendance and commented that the agreement underlined Petronas’ dedication to supply dependable energy solutions that support Sabah’s growth and sustainable energy.
