New regulatory framework on CCUS, aims to make Malaysia a global hub | TheStarTV.com

New regulatory framework on CCUS, aims to make Malaysia a global hub

Published on 25 Sep 2024 9:35:11 PM

Malaysia plans to introduce a robust regulatory framework in parliament by November with the aim of establishing Malaysia as a global carbon capture, utilisation and storage (CCUS) hub, said Economy Minister Rafizi Ramli.

He said Malaysia is at a “sweet spot” and that time has come for Malaysia to leapfrog and position itself as a CCUS leader as it has the experience and advantage, with a market fit for it.

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Keywords
oil and gas asia, OGA 2024, rafizi ramli, ccus, global hub, renewable energy

Malaysia plans to introduce a robust regulatory framework in parliament by November with the aim of establishing Malaysia as a global carbon capture, utilisation and storage (CCUS) hub, said Economy Minister Rafizi Ramli.

He said Malaysia is at a “sweet spot” and that time has come for Malaysia to leapfrog and position itself as a CCUS leader as it has the experience and advantage, with a market fit for it.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
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Keywords:
oil and gas asia, OGA 2024, rafizi ramli, ccus, global hub, renewable energy

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