PETRONAS signs five year gas sales agreement with Sabah Electricity
Gas

PETRONAS signs five year gas sales agreement with Sabah Electricity

This collaboration reflects both parties’ commitment to efficient and responsible energy solutions

  • By ICN Bureau | October 03, 2024

PETRONAS, through Malaysia Petroleum Management (MPM), will continue supplying 16 million standard cubic feet of gas per day (mmscfd) to Sabah Electricity Sdn. Bhd. (SESB) for power generation under a newly formalised five-year Gas Sales Agreement (GSA).

The agreement, signed on 30 June, was recently commemorated with a formal document exchange ceremony.

This collaboration reflects both parties’ commitment to efficient and responsible energy solutions where gas will play a key role in fueling the domestic economies of Sabah and Labuan.

MPM Senior Vice President Datuk Ir. Bacho Pilong said, “This Gas Sales Agreement is a testament to our enduring partnership with SESB and our shared ambition in securing a sustainable energy future for Sabah. PETRONAS remains committed to supporting Sabah’s industrial development by ensuring a stable and sustainable energy supply, which will be vital in driving the state’s growth.”

Chief Executive Officer of SESB, Ir. Ts. Mohd Yaakob Jaafar added, “We are delighted to continue our strong partnership with PETRONAS to power Sabah’s economic advancement. This agreement is key to meeting the state’s energy demands with reliable and sustainable solutions.”

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