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KUCHING, Feb 25 – Sarawak is taking a significant step forward in strengthening its energy infrastructure with the signing of a Memorandum of Understanding (MOU) for the development of a condensate refinery in the state.
The MOU was signed between Senari Synergy Sdn Bhd, Tulen Energy Sdn Bhd, and Ocean Vantage Engineering Sdn Bhd in the presence of Sarawak Premier, Datuk Patinggi Tan Sri Abang Johari Tun Openg. The ceremony was held at the Hikmah Exchange Event Centre during the EIC Connect Week, signifying Sarawak’s commitment to enhancing its energy sector and economic growth.
A Boost for Sarawak’s Energy Industry
The proposed refinery will process local condensate, a by-product of Sarawak’s rapidly expanding natural gas industry, into high-value petroleum products such as naphtha, jet fuel, diesel, and liquefied petroleum gas (LPG). This initiative aligns with Sarawak’s long-term vision to position itself as a leading regional energy hub and drive industrial growth through strategic investments in downstream oil and gas projects.
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Next Steps: Feasibility Studies and Site Selection
Following the MOU signing, the consortium will conduct a detailed feasibility study, assess potential sites, and engage stakeholders to determine the commercial viability of the refinery. If successful, this project will further strengthen Sarawak’s role in the global energy market and create new economic opportunities.
Key Leaders and Dignitaries Present
The event was attended by key government officials and industry leaders, including:
- Dato Seri Paduka Awang Mohamad Azmi Mohd Hanifah, Deputy Minister in the Prime Minister’s Department (Energy), Brunei Darussalam
- Dato Sri Julaihi Narawi, Sarawak Minister of Utilities and Telecommunications
- Dato Sri Fatimah Abdullah, Sarawak Minister of Women, Children, and Community Wellbeing
- Datuk Dr. Hazland Abg Hipni, Sarawak Deputy Minister of Energy and Environmental Sustainability
- Dato Sri Saferi Ali, Sarawak Attorney General
- Stuart Broadley, Chief Executive Officer of the Energy Industries Council, United Kingdom
With the MOU paving the way for new energy developments, Sarawak continues to strengthen its position as a key player in the energy sector, leveraging its natural resources for sustainable economic growth. – Sarawakku