CSA: State to collaborate with Petronas

KUCHING: The state government is looking to work with national oil and gas company Petroliam Nasional Berhad (Petronas) on the recent discovery of gas fields offshore Sarawak.

Chief Minister Datuk Patinggi Abang Johari who congratulated Petronas on the achievement said it is the desire of the state government to collaborate with the former within the context of the Commercial Settlement Agreement (CSA).

“It is also the desire of Sarawak to have sufficient and a consistent supply of natural gas as feedstock for downstream gas activities in Sarawak, particularly in the effort to turn Bintulu into a gas hub,” he said.

He said this when witnessing the Power Purchase Agreement (PPA) term sheet signing ceremony between Sarawak Energy Berhad (SEB) and Malaysia LNG Sdn Bhd (MLNG) at Wisma Bapa Malaysia today.

Abang Johari said it was his fervent hope that the two entities would continue to foster greater collaboration in the future.

“This is built upon our shared history of friendship and partnership to ensure sustainability and long-term prosperity for all,” he said.

He added the Sarawak government was embarking on green technology through hydrogen power besides hydro power.

“The combination of both strategic power sources would enable Sarawak to play its role in the global shift amidst the issues of global warming.

“This is in line with the objectives of the Paris Accord as a platform for world economic growth powered by environmentally friendly energy,” the chief minister said.

Abang Johari said Sarawak, with its abundant source of renewable power as well as its desire to use technology as an enabler, will usher change in its development strategy towards a developed entity by 2030.

“All economic sectors will be driven by green technology and this includes reforestation, agriculture and manufacturing.

“The blueprint will be made public soon after the final draft of our post-Covid-19 economic exit strategy,” he said.