The government will undertake a study on the National Energy Policy (NEP) to determine the policies and the long-term strategies for the nation’s energy sector. To be conducted by the Economic Planning Unit, Prime Minister's Department, the study will touch on the challenges in the energy sector, including those faced by the oil and gas industry, among others, said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed. "The study will identify new growth opportunities by taking into account energy transition trends as well as energy trilemma challenges, which emphasises the balance of policies to achieve affordability and access, energy security and environmental sustainability. “The NEP study is expected to be launched in the first quarter of 2021 (Q1 2021),” he said in a written reply in Dewan Rakyat today.

Posted by

The Edge Markets