To further reinforce this effort , Petronas will organise Energy Asia , a conference focused on the energy transition and sustainability agendas and has agreed to have CERAWeek by S & P Global as the conference ’ s knowledge partner .

The agreement will support Energy Asia ’ s efforts to enable greater collaboration and actionable steps to frame and realise Asia ’ s net zero carbon ambitions . Energy Asia will be the nexus of conversations designed to shape Asia ’ s net-zero future .

At a document exchange ceremony during the Abu Dhabi International Petroleum Exhibition and Conference ( ADIPEC ) 2022 , Petronas President and Group CEO , Datuk Tengku Muhammad Taufik said : “ Petronas ’ partnership with CERAWeek underlines our shared ambition to address energy transition justly and responsibly .

“ As a progressive energy and solutions partner operating at the region ’ s heart , Petronas stands firmly guided by its belief that the transition strategy must be realistic and practical , considering the unique conditions of Southeast Asia .

“ Together with CERAWeek , Petronas looks forward to accelerating and fostering greater regional partnerships that will chart the critical pathways towards delivering a net zero future .”

Daniel Yergin , Vice Chairman , S & P

Global , CERAWeek conference chair and author of The New Map : Energy , Climate and the Clash of Nations said moving from the ‘ what ’ to the ‘ how ’ of net zero while meeting the needs of growing economies was an essential and complex endeavour for Southeast Asian countries that represent a combined US $ 10 trillion in the gross domestic product .”

“ As a knowledge partner for Energy Asia 2023 , CERAWeek is pleased to participate in these important dialogues leading up to a significant thought leadership event at a critical time for Asia ’ s energy future ,” said Yergin .

Energy Asia is on June 26-28 , 2023 , in Kuala Lumpur . It will gather global industry leaders , investors and policymakers to move beyond pledges and address the challenges of the energy transition to achieve a just and responsible net-zero future for Asia .

Setting the motion for Energy Asia next year , Petronas and CERAWeek recently convened primary regional policymakers in a Multi-Stakeholder Dialogue to engage in conversations on how their countries can secure more energy with lower emissions .

The dialogue “ Southeast Asia ’ s Net-Zero Pathways : More Energy , Less Emissions ” was held on Oct 12 , 2022 , and was the first of the three sessions leading to Energy Asia 2023 as a meaningful platform to map out the region ’ s pathway towards net zero .

The then Minister in the Prime Minister ’ s Department ( Economy ) Dato ’ Sri Mustapa Mohamed and Tengku Taufik , along with regional government officials , key energy players from Indonesia , Singapore , the Philippines , Thailand , Vietnam , Brunei as well as participants from the financial and educational institutions attended the inaugural dialogue .

Participants exchanged their thoughts and perspectives on energy transition and how each country is shaping practices and policies to meet sustainable net zero ambitions .

In his opening address to the Multi- Stakeholder Dialogue , Tengku Taufik said Southeast Asia could leapfrog its energy transition journey by leveraging the learnings from other regions to formulate its own realistic and practical transition pathway .

He said : “ While energy security remains a key priority , balancing energy affordability and energy sustainability will need more deliberations as we rally to shape a just and responsible transition for Southeast Asia .

“ All stakeholders must work in unison to co-create the ecosystem . I am hopeful that the first dialogue in our three-part series is a positive step in our collective efforts towards setting the pace for the future of energy in the region .”

Mustapa said : “ In articulating the ambitions of the recently-launched Malaysia ’ s National Energy Plan , the active support of the public and private sector stakeholders is paramount . This dialogue is a suitable platform to strengthen cooperation between the international community for a successful regional energy transition .”

The key topics covered during the dialogue included decarbonisation policies , current and future scenarios for the energy mix , meeting energy needs for growth , decarbonising technologies , required policies , financing , and capital needs in achieving climate goals for the Asian region .

Subsequent dialogues will occur in November and December this year and culminate at Energy Asia in June . – Green

Together with CERAWeek , Petronas looks forward to accelerating and fostering greater regional partnerships that will chart the critical pathways towards delivering a net zero future .” – Datuk Tengku

Muhammad Taufik