Government to unveil Natural Gas Roadmap

TheStar Fri, Dec 04, 2020 08:10am - 3 years View Original


PETALING JAYA: The government will introduce Natural Gas Roadmap (NGR) as early as the first quarter of 2021 because natural gas will continue to be the energy of choice as the world goes through an inevitable energy transition to tackle the issue of climate change, according to Prime Minister Tan Sri Muhyiddin Yassin.

He pointed out that the NGR would form a key part of the larger National Energy Policy that would be a policy framework in the country’s energy sector under the 12th Malaysia Plan, 2021-2025.

“The NGR, among others, strives to optimise the value of indigenous gas resources, enhance security of supply and access to cost competitive gas, ” he said during his keynote address at the 7th International Energy Forum – International Gas Union Ministerial Gas Forum.

Quoting a report by McKinsey & Co’s on “The Future of Liquefied Natural Gas”, Muhyiddin said Asia is still highly dependent on coal as its primary energy source, accounting for about 47% of its energy mix.

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