Gas roadmap to attract investments worth RM100 bln over 10 years 

THE Sarawak Gas Roadmap (SGR) comprising four strategic hubs in Miri, Samalaju, Bintulu and Kuching, is expected to attract more than RM100 billion worth of foreign direct investment and domestic direct investment in the next 10 years.

Deputy Premier and International Trade, Industry and Investment (MINTRED) Minister Datuk Amar Awang Tengah Ali Hasan said his ministry will continue to tap the potential of the oil and gas sector to attract investors.

“The investment in the oil and gas sector will further accelerate the economic growth, create jobs and stimulate infrastructure development.

“To promote greater growth in domestic gas state-wide, Petros Sarawak Bhd (PETROS) is investing RM4 billion in Bintulu, Samalaju and Miri hubs in the next three years.

“These include RM100 million to deliver gas to Bintulu by expanding the trunkline and gas network; RM1 billion to develop the Samalaju Pipeline (SPL) project; and RM2.5 billion to develop the 500 megawatt Miri Combined Cycle Gas Turbine (CCGT) Power Plant,” he said in his ministerial winding-up speech today.

Awang Tengah also said the Rosmari and Marjoram Integrated Oil and Gas project developed by Sarawak SHELL Berhad is expected to start operations in 2026.

This project, the first deepwater gas field in Sarawak, is expected to contribute up to 20 per cent of the gas supply, producing 800 million standard cubic feet of gas per day and playing a vital role in supporting the SGR.

“This project comprises a remotely operated offshore platform and onshore gas plant (OGP1), with infrastructure that includes one of the longest sour wet gas offshore pipelines in the world stretching more than 200 km,” he said.

He said the Bintulu Additional Gas Sales Facility (BAGSF-2) has commenced delivery of feed gas to Sarawak’s first methanol plant in September 2023, with the methanol plant is expected to start commercial operation in July 2024, receiving up to 160 million standard cubic feet of gas per day.