Sabah launches plan to draw oil and gas investments

Collaborative effort: Hajiji (centre) and Mohd Bakke (third from right) holding up the HOA after it was signed in Kota Kinabalu. — Bernama

KOTA KINABALU: Sabah has crafted a gas masterplan, which is expected to help bring in more oil and gas investments to the state.

The masterplan, endorsed by the state Cabinet last October, highlights three distinct investment opportunities for Sabah’s natural gas resources with the first being the construction of a liquefied natural gas (LNG) plant with a capacity of two million tonnes per annum at the Sipitang Oil and Gas Industrial Park.