Malaysia and Japan Collaborate on Clean Hydrogen Energy Project
Key Ideas
  • Prime Minister Anwar Ibrahim expresses hope for the success of the clean hydrogen energy collaboration project between Petronas, Petros, and Japanese companies.
  • The project involves the signing of a storage site agreement for the M3 depleted field offshore Sarawak, Malaysia, enabling feasibility studies and techno-commercial assessments.
  • Anwar also seeks Japan's involvement in the rare earth elements sector and advocates for the formation of the Asean Energy Grid and undersea energy cable initiatives.
  • Japanese Prime Minister Ishiba emphasizes strengthening collaboration with Asean, particularly in areas like supply chain resilience, decarbonization, and green transformation, including cooperation in hydrogen and LNG.
Prime Minister Datuk Seri Anwar Ibrahim of Malaysia and Japanese Prime Minister Shigeru Ishiba attended a luncheon in Putrajaya, where discussions included the clean hydrogen energy collaboration project involving Petronas, Petros, and Japanese companies. Anwar expressed optimism for the project's success, highlighting the signing of a storage site agreement for the M3 depleted field offshore Sarawak in February 2024. This agreement enables feasibility studies and planning for CO2 storage sites and infrastructure development. Both leaders discussed enhancing bilateral trade and investment, with Anwar seeking Japan's involvement in the rare earth elements sector and proposing initiatives like the Asean Energy Grid and undersea energy cables. Ishiba emphasized Japan's commitment to collaboration with Asean, focusing on supply chain resilience, decarbonization, and green transformation, including cooperation in hydrogen and LNG. The official visit strengthens the Comprehensive Strategic Partnership between Malaysia and Japan, reflecting their robust economic ties with numerous Japanese manufacturing projects in Malaysia.
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