SARAWAK aims to sequester 1.6 million tonnes of Carbon Dioxide (CO2) emissions from the Bintulu Liquefied Natural Gas (LNG) plant to the M3 depleted field offshore.
Deputy Premier Datuk Amar Awang Tengah Ali Hasan said Phase 1 of the M3 depleted field (M3 CCS Project) will play an important role in decarbonising key industries, making Sarawak a more attractive investment destination.
“This collaboration is also a strategic move to unlock the potential of Carbon Capture, Utilisation and Storage (CCUS) in Sarawak. Furthermore, low- carbon LNG from Sarawak would enhance the attractiveness across various consumer segments,” he said.
He said this when delivering his Ministerial winding-up speech at the Sarawak State Legislative Assembly (DUN) sitting here today (May 15).
Awang Tengah, who is also Minister of International Trade, Industry, and Investment (MINTRED) said this investment in CCUS will support sustainable industrial growth and create new economic opportunities while addressing carbon emissions, including the oil and gas sector.
“PETROS is collaborating with PETRONAS to convert the M1 depleted gas field into the first and biggest CCUS project in Malaysia for the development of Kasawari gas field. The first CO2 injection into M1 will be targeted by the middle of 2026.
“In line with the PCDS 2030, Sarawak is moving towards a green and digital economy. This has attracted industries that are committed to achieving low carbon or net-zero footprint in their production or services. These new investment opportunities are in green energy from solar and biomass, and sustainable fuels from microalgae and green hydrogen,” he said.
