A sign for a Petroliam Nasional Bhd (Petronas) gas station stands near the Petronas KLCC Twin Towers in Kuala Lumpur, Malaysia. - Goh Seng Chong/Bloomberg
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) says the proposed construction of a new power plant in Labuan is still at a preliminary stage.
“As such, we are unable to disclose any information about it at this juncture,” the national oil firm said in a reply to Bernama on the progress of the new power plant.
The proposed project by PETRONAS was mooted by Prime Minister Datuk Seri Anwar Ibrahim in December as a long-term solution to the power supply disruptions in Labuan. Once completed, the new power plant will assist in boosting the operational capacity of Sabah Electricity Sdn Bhd (SESB), currently the electricity supply operator in Labuan.
Meanwhile, Deputy Prime Minister Datuk Seri Fadillah Yusof said the proposed power plant, spearheaded by PETRONAS, is a collaborative effort with the Sabah Energy Commission and SESB and is set to be completed in 2027.
In its recently released 2024-2026 Activity Outlook, PETRONAS said that within the next three years, it remains committed to its long-term target of sustaining and growing Malaysia’s oil and gas production.