The energy sector, which acts as the main driver of growth for the Malaysian economy, and energy intensive industries contribute 28 per cent of Gross Domestic Product (GDP) and account for 25 per cent of the total workforce. In addition, the energy sector is also a key source of national income with petroleum-related income contributing 31 per cent of fiscal income and energy exports constituting 13 per cent of total export value.
National Energy Policy (NEP) 2022 – 2040
The energy sector, which acts as the main driver of growth for the Malaysian economy, and energy intensive industries contribute 28 per cent of Gross Domestic Product (GDP) and account for 25 per cent of the total workforce. In addition, the energy sector is also a key source of national income with petroleum-related income contributing 31 per cent of fiscal income and energy exports constituting 13 per cent of total export value.
Recent Posts