Sustainability

Malaysia’s Sustainable Development Goals

 

Malaysia together with 192 nations adopted the 2030 Agenda for Sustainable Development (2030 Agenda) at the United Nations General Assembly in New York on 25 September 2015. This is a global commitment towards a more sustainable, resilient and inclusive development, with 17 Sustainable Development Goals (SDGs) and 169 targets.

Environmental Sustainability in Malaysia for 2020-2030 is spearheaded by the Ministry of Environment and Water (KASA) with 30 initiatives based on four thrusts which are empowered governance, green growth, strategic collaboration and social inclusiveness.

Sustainability in Malaysia’s Upstream Sector

 

Malaysia Petroleum Management (MPM) is focused on finding ways to create a safe and sustainable upstream industry in Malaysia while ensuring a continuous and reliable supply of affordable energy. Sustainability is at the core of MPM’s strategy to develop resources, conduct and grow the business in ways that contribute positively to society and the environment. Some of MPM’s initiatives are the Rig-to-Reef and Carbon Capture and Storage projects.

 

Rig-to-Reef (R2R)

 

A journey that began 20 years ago when MPM transformed decommissioned offshore structures into flourishing reefs, the R2R Project supports environmental biodiversity and sustainability.

 

Two structures, a first for Malaysia, were set up in 2017 near Pulau Kapas, Terengganu, while another two platform structures, namely D30 & Dana in Situ were established in nearby Miri Sibuti. Just over a year since introducing these R2R structures at Pulau Kapas, the marine scientists at the Department of Fisheries reported that the reefs helped introduce 30 new marine species and were able to attract around three tonnes of fish shoals. The successes of the R2R programme thus far has further reinforced MPM’s efforts to continue the programme and to embark on more decommissioning activities using decommissioned platform structures to establish artificial reefs for marine life to flourish.

 

 

Carbon Capture and Storage (CCS)

 

PETRONAS has developed an emission reduction roadmap for its operation in Malaysia to support its Net Zero Carbon Emissions (NZCE) by 2050 aspirations.

 

PETRONAS has developed an emission reduction roadmap for its operation in Malaysia to support its Net Zero Carbon Emissions (NZCE) by 2050 aspirations. In achieving this, PETRONAS continues to push ahead with initiatives to drive improved operational efficiency while reducing continuous flaring and venting from operations. 

In Malaysia’s Upstream sector, MPM has embarked on the development of Carbon Capture and Storage (CCS) projects to enable the monetisation of high CO2 fields with first injection planned in 2025. This first CCS project is expected to reduce CO2 emissions by 4 million tonnes per annum, roughly equivalent to the emissions produced by 850,000 cars.