Anwar hopes Petronas-Petros, Japan hydrogen project will move forward by May

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By DayakDaily Team

KUCHING, Jan 10: Prime Minister Datuk Seri Anwar Ibrahim hopes that the clean hydrogen energy collaboration project between Petroliam Nasional Bhd (Petronas), Petroleum Sarawak Bhd (Petros) and Japanese companies could be facilitated by May this year.

According to a news report by Bernama, Anwar, who is also the finance minister, said the new energy collaboration is expected to succeed, particularly as Sarawak Premier Tan Sri Abang Johari Tun Openg has given his assurances regarding the project’s development, along with the support of Japan’s Prime Minister Shigeru Ishiba.

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“We will hope to facilitate this as soon as possible, to be able to meet some deadlines, let’s say by May when we meet either in Tokyo or in Kuala Lumpur,” he was quoted as saying after the joint press remarks with Ishiba today in conjunction with the Japanese premier’s two-day official visit to Malaysia which started yesterday.

Of note, Petros, Petronas subsidiary CCS Ventures Sdn Bhd and a consortium of Japanese companies comprising Japan Petroleum Exploration Co Ltd, JGC Holdings Corporation and Kawasaki Kisen Kaisha Ltd, signed a storage site agreement (SSA) for the M3 depleted field offshore Sarawak, Malaysia, on Feb 26, 2024.

The SSA involves the feasibility studies of the CO2 storage sites starting with the M3 depleted field (M3 CCS Project) as well as the planning of relevant CO2 storage site development, including onshore terminals and transportation pipelines, as well as assessment of its techno-commercial feasibility.

Anwar had also thanked Japan for its long-standing relations with Petronas in the area of liquefied natural gas, with Japanese companies now involved in the country’s carbon capture utilisation storage via Petronas’ clean energy policy and through the delivery of carbon-neutral LNG cargo to Shikoku Electric Power and Hiroshima Gas. — DayakDaily

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