PETRONAS has signed two key agreements with Petroleum Sarawak on collaboration opportunities under the Sarawak Gas Roadmap that will help accelerate both parties’ shared aspirations to sustainably grow the State’s energy industry. The first is a heads of agreement to expand the usage of natural gas within the State for the supply of 60 MMscfd of gas starting by 2026 to the proposed 400 MW Combined Cycle Gas Turbine power station in Miri. This follows the MoU which was signed in December 2021 relating to the revised total natural gas supply to Sarawak for the implementation of projects under the Sarawak Gas Roadmap. In relation to this, PETRONAS will be developing new gas resources as well as the associated offshore and onshore infrastructures to support the additional gas supply. This marks the beginning of the Miri Hub development as outlined in the Roadmap. In addition to the HOA, PETRONAS and PETROS will also work closely to establish carbon capture and storage as a new business opportunity through a roadmap study for a CCS ecosystem, in positioning Sarawak as a regional sequestration hub. Both parties will also seek to foster Sarawak companies’ participation and local talent development in this new area. To formalise this, a joint collaboration agreement (JCA) was inked to facilitate the stewardship of CCS development and its operationalisation in Sarawak, as the industry transitions towards a low carbon future.