National energy policy signals industry players to participate in energy transition

KUALA LUMPUR: The National Energy Policy 2022-2040 launched today sends a clear signal to oil and gas, services and equipment (OGSE) companies to participate in the energy transition as the government prioritises environmental sustainability.

Malaysia Petroleum Resources Corporation (MPRC) president and chief executive officer Mohd Yazid Ja’afar said the the National Energy Policy’s low-carbon nation aspiration sets the stage for O&G industry operators to inject more clean and renewable sources into the country’s primary energy mix.