MARKET DEVELOPMENT
Malaysia will be Asia’s Biogas Hub By 2030
Malaysia will be Asia’s Biogas Hub By 2030
30/04/2015 (tce today) - Malaysia's minister of science, technology and innovation, Datuk Ewon Ebin, has told a major conference that the country will be Asia’s biogas hub by 2030.
Datuk Ewon Ebin was speaking at the opening ceremony of the Biogas Asia Pacific Forum 2015, held from 28–29 April 2015 in Selangor, Malaysia, where industry majors met to discuss development strategies in the Asia Pacific Forum. Topics this year included commercialisation, feedstock management, anaerobic digestion and biogas upgrading. The minister said that Malaysia will become the region’s lead biogas exporter to the global market.
According to The Star, Datuk Ewon Ebin said that Malaysia has huge potential biogas resources, particularly from its palm oil industry, which covers 5m ha of land. Biogas generated from palm oil mill effluent can be upgraded to fuel cars and industrial applications, although Malaysia must aim to prove the viability of the upgrading process, he added. As the industry adopts biotechnology, he expects production to grow. At present, the industry is worth RM1.46bn (US$410.1m).
“In fact, the total potential market for the biogas industry in Malaysia is estimated to be RM8.3bn by 2022, while the global biogas market is expected to reach RM120.1bn by 2022,” he said.
The CEO of the Malaysian Biotechnology Corporation, Dato’ Mohd Nazlee Kamal, said that as well as helping Malaysia move towards a renewable, sustainable future, biogas will help to drive Malaysia’s economic growth.
Several deals were signed at the conference to develop biogas initiatives in Malaysia, the largest between Gas Malaysia and Sime Darby Offshore Engineering. The two companies have set up a joint venture to sell and distribute biogas generated from palm oil mill effluent. Under the terms of the joint venture agreement, the partners will design, construct, install, and operate pressure regulating units for each customer. The joint venture will take advantage of Gas Malaysia’s extensive natural gas distribution network to industrial, commercial and residential users.
Other companies signing agreements for biogas development included Megagreen Energy, Tenaga Nasional and Felda Global Ventures.
Datuk Ewon Ebin was speaking at the opening ceremony of the Biogas Asia Pacific Forum 2015, held from 28–29 April 2015 in Selangor, Malaysia, where industry majors met to discuss development strategies in the Asia Pacific Forum. Topics this year included commercialisation, feedstock management, anaerobic digestion and biogas upgrading. The minister said that Malaysia will become the region’s lead biogas exporter to the global market.
According to The Star, Datuk Ewon Ebin said that Malaysia has huge potential biogas resources, particularly from its palm oil industry, which covers 5m ha of land. Biogas generated from palm oil mill effluent can be upgraded to fuel cars and industrial applications, although Malaysia must aim to prove the viability of the upgrading process, he added. As the industry adopts biotechnology, he expects production to grow. At present, the industry is worth RM1.46bn (US$410.1m).
“In fact, the total potential market for the biogas industry in Malaysia is estimated to be RM8.3bn by 2022, while the global biogas market is expected to reach RM120.1bn by 2022,” he said.
The CEO of the Malaysian Biotechnology Corporation, Dato’ Mohd Nazlee Kamal, said that as well as helping Malaysia move towards a renewable, sustainable future, biogas will help to drive Malaysia’s economic growth.
Several deals were signed at the conference to develop biogas initiatives in Malaysia, the largest between Gas Malaysia and Sime Darby Offshore Engineering. The two companies have set up a joint venture to sell and distribute biogas generated from palm oil mill effluent. Under the terms of the joint venture agreement, the partners will design, construct, install, and operate pressure regulating units for each customer. The joint venture will take advantage of Gas Malaysia’s extensive natural gas distribution network to industrial, commercial and residential users.
Other companies signing agreements for biogas development included Megagreen Energy, Tenaga Nasional and Felda Global Ventures.