Energy & Utilities

Sarawak 2015 Energy & Utilities

Blessed with an abundance of hydro, coal and gas resources that one would be hard pressed to find elsewhere, Sarawak has a comparative advantage that is being leveraged to produce bulk power at competitive prices in order to attract capital-intensive investments in heavy industry. Already a net exporter of liquefied natural gas (LNG), new hydroelectric projects position the state with the potential to become a central provider of power in the proposed ASEAN Power Grid, and supply agreements have already been signed with  neighbouring Indonesia, while discussions with Peninsular Malaysia, Sabah and Brunei Darussalam are ongoing. Malaysia’s vision for 2020 calls for Sarawak to attain the status of a high-income state by the turn of the decade via transitioning its production base away from basic commodities into more value-added manufacturing. Further unlocking sustainable and competitively priced energy is critical to achieving this goal.

This chapter contains interviews with Torstein Dale Sjotveit, CEO, Sarawak Energy; and Zulkifle Osman, Managing Director, Sarawak Hidro.