Petroliam Nasional Berhad and Petroleum Sarawak Berhad (PETROS) have signed an MOU to increase the supply of natural gas to Sarawak for the implementation of projects under the Sarawak Gas Roadmap.
Speaking at the ceremony, Petronas Chairman Tan Sri Mohd Bakke said, “The staggered increase envisaged under the MOU would ultimately bring the total domestic gas allocation to 1.2 billion standard cubic feet per day would not only support the State’s aspirations to attract investments from new, higher value-adding industries into Sarawak but would also provide the necessary impetus for further upstream exploration that would strengthen the State’s hydrocarbon resource base.”
Petronas currently has existing agreements to supply natural gas to the power and non-power sectors in Sarawak and is actively encouraging sustained upstream investments in exploring more gas resources and further developing discovered gas resources, particularly in Sarawak.
