Petronas, through Malaysia Petroleum Management (MPM), has agreed to supply more gas to support Sabah Energy’s (SEC) industrial and energy requirements.
Under the agreement, Petronas will supply a further 104 million standard cubic feet per day (mscf/d) of natural gas to Sabah Energy, bringing its total supply to 370mscf/d.
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Out of this amount, SEC will allocate 150mscf/d to steel manufacturer Esteel Enterprise Sabah to support its steel operations and its shift to sustainable practices for green energy.
MPM senior vice-president Datuk Ir. Bacho Pilong said: “This agreement underscores Petronas’ unwavering commitment to provide reliable energy solutions that contribute to Sabah’s growth while supporting more sustainable energy use.”
Malaysian Chief Minister Datuk Seri Panglima Hajiji Noor said: “This agreement marks a significant step towards Sabah’s long-term development goals, promoting industrial growth, energy security and creating new opportunities to drive Sabah’s progress. We look forward to further collaboration with Petronas taking into account the best interest of Sabah.”
SEC is a government-linked company wholly owned by the State Government of Sabah, Malaysia, under the Chief Minister’s Office.
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By GlobalDataSEC was established in 1981 to lead the development of the state’s energy resources and to support the implementation and operation of the Sabah Gas Utilisation Project in Labuan.
As Malaysia’s national oil and gas company, Petronas safeguards and manages the nation’s hydrocarbon resources. The company aims to achieve net-zero carbon emissions by 2050 as part of its sustainable commitment.
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