KUALA TERENGGANU, July 14 — The government has identified Terengganu, Pahang, Sabah and Sarawak as potential leaders in the carbon capture, utilisation and storage (CCUS)...
Ambani heir to India’s giant corp Reliance, weds pharmaceutical heiress in grand Mumbai ceremony as stars, political leaders watch Economy Minister Rafizi Ramli said the government has identified Terengganu , Pahang , Sabah and Sarawak as potential leaders in the carbon capture , utilisation and storage industry.KUALA TERENGGANU , July 14 — The government has identified Terengganu , Pahang , Sabah and Sarawak as potential leaders in the carbon capture , utilisation and storage industry.
“The ministry is collaborating with these four states to ensure smooth implementation , and the order of execution will depend on the commercial readiness of each project,” he told reporters after an engagement session with the Terengganu state government on CCUS initiatives in Malaysia here today. “We understand that the investment for each fully-completed CCUS facility, from terminal to offshore, is usually around RM20 billion. This presents a significant investment opportunity that could bring substantial economic benefits to Terengganu if managed well,” he said.
In the meantime, he said the Federal government and the state governments will also act as facilitators between CCUS industry operators such as Petroliam Nasional Bhd and customers, including foreign investors.
Economy Ministry Carbon Capture Utilisation And Storage Terengganu Pahang Sabah Sarawak
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