Malaysian Minister of Natural Resources, Environment and Climate Change Berhormat Nik Nazmi bin Nik Ahmad speaks at the event (Photo: VNA)
Kuala Lumpur (VNA) – The EU-Indo-PacificRegional Energy Conference was held in Kuala Lumpur, Malaysia on February 23 by the EuropeanExternal Action Service.
The event saw the participation of Malaysian EconomyMinister Rafizi Ramli, Minister of Natural Resources, Environment and ClimateChange Berhormat Nik Nazmi bin Nik Ahmad, Ambassador and Head of the EUDelegation to Malaysia Michalis Rokas, among others.
Minister Nik Ahmad said that in Malaysia's national energy policy during the 2022-2040 period, the country acknowledged that hydrogen plays an important role in the global energy transition with many opportunities. Infact, some hard-to-cut industries still emit around 30% of CO2 such as steel, refineries and cement, and industries demanding medium to high temperatures.
He said in order to expand the hydrogen economy, countriesneed to make a joint effort, however many countries and regions are at differentstages of development, priorities, and different post-COVID-19 pandemic periods.
He also expressed his hope that the hydrogeneconomy promises to bring about a more inclusive economic order for all whenclimate change is an existential threat to humanity and countries should promote sustainable energy transition.
Hydrogen is a potential energy to replace carbon, in the context of the negative impact on the globalenergy supply by the Ukraine crisis. It could be a change in energy supply for someresource-constrained countries, he added./.
With the goal of helping to guarantee national energy security and in response to a downward trend in oil and gas extraction output, the Vietnam Oil and Gas Group (PetroVietnam) has identified the research and assessment of its opportunities in developing the hydrogen industry, including producing “green” hydrogen and exploring natural hydrogen sources, as a crucial task.
The Mekong Delta city of Can Tho welcomes the Republic of Korea’s SK Energy Co., Ltd. to develop a hydrogen project in the city, given that clean energy is crucial for the city to promote sustainable development and environmental protection, Nguyen Van Hong, Vice Chairman of the municipal People’s Committee said.
A webinar discussing prospects of green hydrogen in low-carbon economy in Vietnam was hosted by the Vietnam Imitative for Energy Transition (VIET) on October 18.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.