Petronas inks agreement with Sarawak Energy


Sarawak chief minister Datuk Patinggi Abang Johari Tun Openg said the event marked a key milestone in the relationship between Sarawak Energy and Petronas.

KUCHING: Sarawak Energy Bhd yesterday inked a power purchase agreement term sheet with Petroliam Nasional Berhad (Petronas) to provide 90 megawatt (MW) of power supply to the Malaysia LNG complex in Tanjung Kidurong, Bintulu for a term of 20 years.

The agreement was signed by Malaysia LNG Group of Companies and Petronas LNG Bhd managing director and chief executive officer (CEO), Mohamed Syazwan Abdullah, on behalf of Petronas and Sarawak Energy Group CEO Datuk Sharbini Suhaili.

Sarawak chief minister Datuk Patinggi Abang Johari Tun Openg who witnessed the proposed deal said the event marked a key milestone in the relationship between Sarawak Energy and Petronas.

He said the agreement allowed Sarawak to continue to share its renewable energy resources with other energy players in developing a sustainable energy future.

“The commitment to provide 90MW of power supply to the Malaysia LNG complex in Tanjung Kidurong for a term of 20 years indicates confidence in not just Sarawak Energy’s ability to provide power but also attests Petronas’ confidence in their long-term presence in Sarawak, ” he said.

Abang Johari said the Commercial Settlement Agreement (CSA) between Petronas and Sarawak signed on Dec 7 last year should also be an indication of a partnership between both parties in the development of both the upstream and downstream of the oil and gas resources in Sarawak for their common benefits. “The agreement today also builds upon the MoU signed last year between the two parties, ” he said. ─ Bernama

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