Malaysia a clear beneficiary of CCS hub plan

PETALING JAYA: Malaysia is seen as a clear beneficiary as a carbon, capture and storage (CCS) hub not only due to its local oil and gas (O&G) fields and industries but also strategic overseas emitters, especially in Japan and South Korea.

UOB Kay Hian Research (UOBKH Research) said South-East Asian nations like Indonesia and Malaysia are positioning themselves as storage hubs.