PETRONAS in collaboration with ASEAN energy operators, governmental agencies, and international organisations, launched the ASEAN Energy Sector Methane Leadership Program (MLP) and announced methane abatement flagship projects in collaboration with Japan Organization for Metals and Energy Security (JOGMEC).
Minister of Natural Resources, Environment and Climate Change Nik Nazmi Nik Ahmad, highlighted the significance of ASEAN’s collective voice, stating, “I am particularly heartened to learn of the private sector’s collaborative efforts through the Methane Leadership Program. As noted, human capital will be crucial in helping Malaysia achieve its NDCs and the Global Methane Pledge, which aligns well with the goals of the Paris Agreement.”
This periodic engagement is now reaching a new milestone with the launch of the ASEAN Energy Sector Methane Leadership Program (MLP). This new 18-month initiative, delivered through masterclasses and workshops, will focus on capacity and capability building to strengthen ASEAN energy companies’ plans, targets, and financing options for reducing methane emissions.
The effort is in support of Global Methane Pledge that 150 countries have signed up to. The MLP provides a platform for the ASEAN oil and gas industry to demonstrate practical action and signal commitment to reducing methane emissions; create awareness for a sustainable change; inspire others to act and encourage greater accountability from all stakeholders.
PETRONAS and JOGMEC also announced collaboration on methane abatement flagship projects, covering methane quantification surveys, viable solutions towards achieving zero routine flaring, and potential future collaboration on an electrification hub.
These projects are in support of the increased demand on stable supply of low carbon energy, Malaysia’s commitment to the Global Methane Pledge and are aligned with PETRONAS’ commitments to the World Bank’s Zero Routine Flaring initiative by 2030 and UNEP Oil & Gas Methane Partnership (OGMP 2.0).
