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Petronas to continue pushing for gas usage

Syndicated News
Written by Syndicated News

KUALA LUMPUR — Nov. 7, 2019: Petronas) will continue to push the use of gas as a cleaner source of fuel, compared with solid and liquid fuels, as this is one of the ways to promote greater use of cleaner energy source in the energy mix.

Gas will also be complementing renewable energy resources as it is abundant, flexible, stable and easy to be transported and reached. In adsdition it is also the cleanest hydro carbon fuel.

Petronas has been delivering liquefied natural gas (LNG) since 1983 and has delivered more than 10,000 cargo shipments.

“This means we can convince the world that LNG is viable, reliable, safe and clean energy,” said Petronas senior vice-president (Corporate strategy) Mazuin Ismail during a panel discussion on Balancing Economic Growth with Environmental Sustainability at the Malaysia SDG Summit 2019 today.

Mazuin said in line with the aim of enhancing the use of cleaner energy, the national oil company recently increased its portfolio in renewable assets and now has a solar generation business in Malaysia and India.

Petronas announced its foray into the renewable energy industry in April with the acquisition of Singapore-based Amplus Energy Solutions Pte. Ltd., a leading rooftop solar power producer in India. Last month Petronas launched its first solar rooftop solution in Malaysia called M+ , which it described as a customisable and affordable solution for both commercial and industrial use.

“Economic growth needs energy; thus it is important to balance all the demand according to the country’s needs, policy, and regulations.

“At the same time, we need to also change our behaviour on how we consume energy so it’s not at the expense of tomorrow’s livelihood,” said Mazuin. — Bernama

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