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Petronas wants incentives for maritime industry to promote cleaner fuel

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Syndicated News
Written by Syndicated News

KUALA LUMPUR — Sept. 12, 2019: Petronas is hoping that the government will provide incentives to support the utilisation of cleaner fuels in the maritime industry, as has been done in Singapore.

The island republic gives an incentive of up to S$2 million (S$1=RM3.03) to industrial players to convert to more greener fuel.

The national petroleum company’s vice-president (LNG marketing and trading) Ahmad Adly Alias would also like port authorities and operators to work together to facilitate the use of cleaner fuel and facilities by offering a special tariff and utilisation of liquefied natural gas powered tugs and vehicles as per the Green Port Policy Agenda.

Under the policy, Malaysia is committed to reducing its carbon emissions level by 40 per cent by 2020.

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