From The Report: Malaysia 2016
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With oil prices depressed and global economic activity slowing, these are undoubtedly challenging times for oil and gas companies, producers and countries worldwide, and Malaysia is no exception. Yet despite the downsides, these are also key times for the development of new resources and strategies in the sector, with Malaysia at the forefront of many renewable energy trends. Even as it makes a major contribution to global oil and gas production, the country is leading the way in biofuels and biomass, solar energy and hydroelectric power. It is also a key player in the regional energy network, a system being rapidly enhanced by the arrival of the ASEAN Economic Community. This chapter contains an interview with Mohd Yazid Ja’afar, CEO, Johor Petroleum Development Corporation.