PETALING JAYA: Malaysia is ideal to be developed into a regional carbon capture, utilisation and storage (CCUS) hub, says Hong Leong Investment Bank (HLIB) Research.
This is underpinned by some major gas-producing fields nearing the end of their lifespan, local oil and gas (O&G) companies equipped with technical knowledge capabilities to support carbon capture and storage (CCS) developments and tax incentives by the government.
