Thu Oct 03 17:05:18 UTC 2024: ## Petronas and SESB Sign 5-Year Gas Supply Agreement for Sabah Power Generation
**Kuala Lumpur, Malaysia (July [date])** – Petronas, through its subsidiary Malaysia Petroleum Management (MPM), has signed a five-year gas sales agreement (GSA) with Sabah Electricity Sdn Bhd (SESB) to continue supplying 16 million standard cubic feet of gas per day for power generation in Sabah. The agreement, signed on June 30, was recently commemorated with a formal document exchange ceremony.
The partnership emphasizes both companies’ commitment to efficient and sustainable energy solutions. Petronas Senior Vice President Datuk Ir Bacho Pilong stated that the agreement exemplifies their enduring partnership with SESB and shared ambition for a sustainable energy future in Sabah. He highlighted Petronas’ dedication to supporting Sabah’s industrial growth by ensuring a stable and reliable energy supply.
SESB CEO Ir Ts Mohd Yaakob Jaafar echoed this sentiment, expressing delight in their continued partnership with Petronas. He emphasized the agreement’s significance in meeting Sabah’s energy demands with reliable and sustainable solutions, powering the state’s economic advancement.
The GSA aligns with Petronas’ broader strategy to drive growth through sustainable energy initiatives, while SESB continues to focus on enhancing energy solutions that support Sabah’s socio-economic development. This agreement demonstrates the strong commitment of both parties to powering a sustainable future for Sabah and Labuan.
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