Petronas and KOGAS Strengthen Partnership for Sustainable Energy Innovation
Key Ideas
- Petronas and KOGAS signed an MoU to drive innovation and sustainability in the global energy sector, focusing on LNG supply, carbon capture, renewable energy, and hydrogen development.
- The partnership aims to deliver cleaner and more reliable energy solutions to global markets, shaping a low-carbon future.
- Both companies express confidence that the collaboration will enhance their development and contribute significantly to promoting sustainable energy solutions.
- The agreement marks a pivotal advancement in their partnership established in 1991, highlighting a shared commitment to advancing innovative and sustainable energy solutions.
Malaysia’s state-owned firm Petroliam Nasional Berhad (Petronas) and South Korean public natural gas company Korea Gas Corporation (KOGAS) have signed a memorandum of understanding (MoU) to drive innovation and sustainability within the global energy sector. The MoU focuses on Petronas' commitment as a long-term LNG supplier to KOGAS and advancing cleaner energy solutions through opportunities in carbon capture and storage, renewable energy, and hydrogen development to address climate challenges. The collaboration aims to deliver cleaner, more reliable energy to global markets, shaping a low-carbon future. Both companies express confidence in the partnership's potential to enhance their development and promote sustainable energy solutions. This agreement is a significant milestone in their longstanding partnership established in 1991, signifying a shared commitment to advancing innovative and sustainable energy solutions.
Topics
Asia
Renewable Energy
Innovation
Sustainability
Partnership
Carbon Capture
LNG
Low-carbon Future
Climate Challenges
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