Premier assigns Petros as Sarawak’s carbon capture, utilisation, storage resource manager

Abang Johari while delivering his speech during Petros' 5th anniversary dinner at BCCK here tonight (Oct 19, 2022).

By Ling Hui

KUCHING, Oct 19: Premier of Sarawak Datuk Patinggi Tan Sri Abang Johari Tun Openg has entrusted Petroleum Sarawak Berhad (Petros) with the responsibilities of Sarawak’s carbon capture, utilisation and storage (CCUS) resource manager.

He said Sarawak has great potential to go global in terms of CCUS, which is a key enabler to achieve Net Zero by 2050 whilst the transition away from carbon-based fossil fuels.

“The GPS (Gabungan Parti Sarawak) government under me recently updated the Sarawak Land Code to include legislation regulating this new business opportunity.

“These CCUS sites are part of Sarawak’s land and hence belong to Sarawak. I would like Petros, given its technical skill, to be the resource manager for CCUS with the support of the relevant ministries,” he said.

Elaborating on future outcomes, Abang Johari said developing Sarawak’s massive sour gas reserves which contain carbon dioxide by CCUS technology would secure long-term energy security for the State.

Other than providing an additional revenue resource to Sarawak, he said venturing into the carbon business would also create more domestic jobs through the green industry.

“I am pleased that Petronas has signed a collaboration agreement with Petros for a CCUS joint collaboration agreement, which is the first step to enable the green economy.

“Thank you, Petronas,” he said during Petros’ 5th-anniversary dinner held at Borneo Convention Centre Kuching (BCCK) here tonight.

The collaboration between Petros and Petronas explores, among other things, commercially viable CCUS solutions as an enabler of sour gas reserves development by capturing and sequestering carbon dioxide.

The strategic collaborations also signify Petros’ further growth in the oil and gas value chain and significant progress into its Sarawak Gas Roadmap (SGR) strategy.

Looking into the future, Abang Johari said that CCUS’ development would complement the Sarawak government’s plan to position Sarawak as a hydrogen-producing hub in the region.

Meanwhile, the event also witnessed the exchange of two other agreements between Petros and Petronas for product sharing of Block SK407 in offshore Miri and for Miri Gas Supply.

Deputies Premier Datuk Amar Douglas Uggah Embas and Dato Sri Dr Sim Kui Hian, Petros chairman Tan Sri Hamid Bugo, Petronas chairman Tan Sri Mohd Bakke Salleh and Petronas executive vice president and chief executive officer for Upstream Datuk Adif Zulkifli were among those present. — DayakDaily