INGENIEUR
Figure 2 : Forecast world energy demand - PETRONAS , 2021
methanol content should be kept at its minimum level , as it incurs additional cost to the system . Simulation-optimisation work has shown that for an associated gas of 8.0 MMSCFD , the recovery of its condensate is as high as 367.8 bbl / day , which resulted in 39,000 t / y of CO 2 reduction . ( Liew , Z . K ., Foo , D . C . Y . and Ooi , M . B . L . ( 2021 ))
ALTERNATIVE ENERGY SOURCES AND CHANGING PORTFOLIO
Trevor Klez , a highly respected author on the topic of chemical engineering safety is quoted as having said “ What you don ’ t have , can ’ t leak ” ( Kletz , T . A ., 1978 ). Therefore , if you remove the source of CO 2 emissions , i . e ., hydrocarbons as an energy and feed source , then you would not need to address removal of emission itself . To this aim , the oil and gas industry is pivoting towards alternative energy sources .
In line with this , the Malaysian Government has targeted that by 2025 , 20 % of the electricity generated in the country must be from renewable sources . Currently Malaysia is only at the 2 % level . Therefore , all parties must work together to achieve this target including the oil and gas
industry . The world will still depend on fossil fuel as seen in Figure 2 . Globally , even though the renewable energy capability to meet the world energy demand will increase by 5 % from 2019 to 2030 , fossil fuel will still be the major category source of energy generation .
One of the ways to achieve this is to build capability and expertise in renewable energy to ensure Malaysia has a sustainable development in this area . For example , in 2019 PETRONAS New Energy offers a wide-variety of affordable and customer-centric solar energy solutions , to ensure customers receive a reliable supply of clean energy . These solutions include onsite rooftop solar , off-site solar , battery storage , hybrid solutions and advanced analytics energy monitoring solutions . PETRONAS acquired Amplus Energy Solutions Pte Ltd , a leader in solar energy solutions and developer in India to ensure it has the capability and expertise in developing larger sectors provisions of solar energy . PETRONAS is also exploring opportunities in wind energy generation around the region , with targeted generation of 3 GW of renewable energy capacity by 2024 .
On the road to a step change towards net zero CO 2 emissions , practical solutions are
36 VOL 91 JULY-SEPTEMBER 2022