00:01Geopolitical tensions and sharp swings in global oil prices are forcing countries to rethink how they secure their energy future.
00:08Oil and gas analyst Jamil Ghani says even energy-producing nations like Malaysia are not immune to these volatilities.
00:16Jamil says diversification today must be viewed through the lens of economic resilience rather than just environmental ambition.
00:24Malaysia has long depended on hydrocarbons to support its economy, but efforts are now underway to broaden the country's energy
00:32mix.
00:33According to Jamil, Petronas has been central to this transition, expanding beyond oil and gas into cleaner and alternative energy
00:40sources.
00:42Its renewable energy arm, Gantari, has already built a 9.1 gigawatt global renewable energy and storage portfolio as of
00:50late last year.
00:50Petronas is also moving into newer energy sectors, including plants to produce about 175 kilotons of clean hydrogen annually.
01:00Last year, the company secured Malaysia's first offshore carbon capture and storage assessment permit at the Duyong field.
01:08Petronas is also working together with the Naga National Berhad to upgrade Malaysia's renewable energy grid infrastructure, a critical move
01:16in supporting the country's energy transition.
01:18Jamil says Malaysia's policy direction is broadly on track, but delays in approvals, coordination issues, and commercialization hurdles continue to
01:29slow progress.
01:30As global energy uncertainty persists, Malaysia's push towards diversification must not be a mere environmental transition, but a strategy for
01:39long-term economic resilience.
01:43Atosha Beast, FMT.
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