A new report on NATURAL GAS: FLIPPING THE SWITCH – Dawn of New Era by Investvine was launched at the Kuala Lumpur Convention Centre in conjunction with the 19th Asia Oil and Gas Conference (AOGC). The launch, hosted by Malaysian Gas Association, was officiated by YBhg. Datuk Allauddin Hj Anuar, Deputy Director General (Sectoral), Economic Planning Unit of Malaysia. The report takes a close look at the current state of the natural gas industry, and details the benefits of natural gas as compared to other energy sources, namely coal and oil.
“This report is insightful in highlighting the benefits that natural gas brings to Malaysia; both environmentally and economically,” Hazli Sham Kassim, the President of the Malaysia Gas Association said in his speech. “Natural gas will continue to be an important energy source for many years to come. Firstly, natural gas is abundant. Secondly, the credentials of natural gas as a clean, efficient and cost effective fuel are indisputable. Thirdly, natural gas will continue to play a critical role in the economic growth of the country.”
A chapter on Malaysia shines a light on the function of the natural gas sector within the country’s energy roadmap, assesses Malaysia’s current energy subsidy policy, and examines other fossil fuels’ and its implications on the economy and society.
“Adopting natural gas as the to-go fuel for the transportation sector, the largest source of CO2 emissions in Malaysia, would give birth to a great deal of positive side effects for the environment, as well as the greater general socio-economic good of the country,” the report reveals.
In the power generation sector, the report highlights that the “rise of coal consumption for feedstock into power generation across Malaysia is inconsistent with the goals outlined by Putrajaya to cut CO2 emissions by 45 percent compared to 2005 levels by 2030.”
Malaysia’s natural gas policy is also put in perspective to other countries in Southeast Asia, and also versus large energy consumers such as the US, China and Europe, highlighting worldwide trends, future projections and environmental consequences.
The report concludes with a future outlook as to where the industry will likely be moving over time, examines technology trends in exploration, emission reduction and environmental protection, as well as ways of supporting existing consumer applications of natural gas.
This report is digitally published in an Epub format and is made available via iOS and Android with interactive components and anticipated digital downloads reaching at least 15,000 copies.
About MGA: Malaysian Gas Association (MGA) is a non-profit organization representing 150 members comprising companies involved in the entire value chain of the gas industry, from upstream, to midstream and to downstream, including major consumers of gas.
Its mission is to promote the advancement of a sustainable Malaysian gas industry through advocacy, communication and education on behalf of its members and the nation.
About Investvine: Investvine is a news portal that currently contains more than 5,800 searchable articles covering business, politics, technology & innovation, lifestyle and travel & leisure in Southeast Asia and beyond. It reaches over 200,000 readers monthly, primarily across Southeast Asia, providing an outlet for a growing digital demand for news.
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