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ETP ANNUAL REPORT 2011
Summary of Oil, Gas and Energy NKEA
2020 Target
Incremental GNI Impact RM131.4 billion
Additional Jobs 52,300
Critical targets for 2012
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To ensure enhanced oil recovery (EOR) techniques are implemented in existing oil fields
Malaysia to win the bid as the host of Offshore Technology Conference
Energy Performance Contract (EPC) implementation in all top 120 government buildings
GIFT international promotion to attract at least four trading companies to be based in Malaysia
To ensure commissioning of regassification terminal by Q3
To enhance discovery of new wells by PETRONAS
To increase production from marginal oil fields
To increase investment from Multinational Companies into OFSE industries
Increasing the penetration rate of SAVE awareness
Ensure two mergers or acquisitions between offshore structure fabricators
To ensure two additional partnerships or joint ventures in the OFSE industry
To ensure the Feed In Tariff (FiT) allocation for biomass, biogas and small hydroelectricity are fully utilised