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Sarawak Premier Abang Johari aims to expand Petros’ investment scope by introducing a sovereign wealth fund model. (Photo: Office of the Premier of Sarawak)
Sarawak Premier Abang Johari Tun Openg is looking to follow in Singapore’s footsteps by transforming state-owned oil and gas company Petros into a sovereign wealth fund that can drive economic diversification and growth. Low-carbon green hydrogen is one of the government’s key priorities.
Johari has also pledged to develop an internationally recognized hydrogen certification system, an effort that signals Sarawak’s ambition to compete in the global energy market.
