Malaysia’s Petronas, Indonesia’s Pertamina and Thailand’s PTT will enhance collaboration on methane emissions management in the ASEAN region.
he joint announcement comes after the virtual ASEAN Energy Sector Methane Roundtable 2022 which took place on 19 May.
In his welcoming address to the roundtable, Petronas President and Group CEO, Datuk Tengku Muhammad Taufik said:
As part of our duty as energy companies, it is imperative that we navigate these challenges with a deep-rooted purpose. We must remain at the heart of an effective engine to drive economic recovery by providing energy that is clean, reliable and affordable
He also expresses his confidence that the collaboration “will progress into a community of practice with concrete steps that each organisation could take towards driving greater sustainability and most importantly, in supporting our respective countries’ National Determined Contributions (NDC) to the Paris Agreement for the long term.”
Malaysia and Indonesia were among the more than 100 countries that signed the Global Methane Pledge at the UN Climate Change Conference (COP26) in Glasgow in 2021. The signatory countries pledged to cut global methane emissions by at least 30% from 2020 levels by 2030.