Sabah Gas Supply Set to Nearly Double by 2030
Sabah's gas supply is set to nearly double by 2030, driven by seven offshore development projects involving two international and four Malaysian oil companies. The projects include the development of four new gas fields, which form part of the state's long-term plan to meet growing energy and industrial demand.
The Sabah East Coast Gas Development Plan report outlines a delivery strategy following studies by the Sabah Gas Strategy Joint Taskforce, a collaboration between State agencies led by SMJ Energy (SMJE) and PETRONAS. Demand for additional gas will be driven by new power plants and PETRONAS' third floating liquefied natural gas facility (PFLNG3), as well as new manufacturing investments along the West Coast corridor.
The Chief Minister, Datuk Seri Haji Hajiji Haji Noor, welcomed the latest development, describing it as a testament to the close collaborative relationship between PETRONAS and the State Government. He said that the strategy provides a clear delivery plan to secure the gas supply required to support Sabah's industrialisation ambitions.