Activities
Malaysia’s CCUS Initiatives
Initiatives:
- Develop policy and regulatory framework to facilitate the implementation of CCUS projects
- Establish governance structure of CCUS by clearly defining roles of each ministry and agency
- Amend existing regulations (e.g Exclusive Economic Zone Act 1984 [Act 311] and National Land Code) to incorporate key enablers for CCUS development
Champion:
Initiatives:
- Establish carbon pricing instrument to drive the adoption of carbon capture technology for stationary emitters
- Enhance incentives to reduce cost, enable access to funding and encourage adoption of CCUS technologies (e.g., public catalytic funds, tax credits, contract for difference)
Champions:
Ministry of Economy
Initiatives:
- Explore collaboration with potential investors and financiers to fund and catalyse investments in CCUS infrastructure for hub development
Champion:
Initiatives:
- Negotiate and introduce transboundary CO2 regulatory agreement encompassing the provisions on transboundary movement and storage of carbon, liability and cost sharing (Exhibit 5.9)
Champion:
Initiatives:
- Set specific mandates within use case (e.g. cured concrete and urea)
Champion:
CCUS Bill
Key developments include:
A Memorandum tabled to the Malaysian Cabinet on 21ˢᵗ May 2024, initiating the framework’s preparation.
01
The Ministry of Economy intends to introduce the proposed CCUS Bill to Parliament in November 2024.
02
A presentation to the Malaysian Cabinet on the CCUS framework will precede the parliamentary submission.
03
Malaysia 1st CCUS Conference 2023
Carbon Capture, Utilisation and Storage (CCUS) – A key driver in Malaysia’s energy transition. The conference aimed to shape a sustainable and resilient energy future by focusing on four key pillars:
1. Policies & Regulations:
Engagement Sessions
12th May 2026
Participation of Ministry of Economy at Asia Carbon Capture 2026
Dr. Noranida Zainal represented the Ministry of Economy, Malaysia at Asia Carbon Capture 2026 held on 12 May 2026 at Crowne Plaza Kuala Lumpur City Centre. The conference brought together policymakers, industry leaders and technical experts to discuss regional developments, opportunities and challenges in advancing CCUS.
During the event, Dr. Noranida delivered a presentation entitled Malaysia’s CCUS Act 2025: Unlocking Cross-Border Carbon Storage and Investment. The session highlighted Malaysia’s latest regulatory and policy developments in supporting the implementation of CCUS. The presentation also underscored the role of CCUS in supporting regional decarbonisation efforts by enabling cross-border carbon management and strengthening collaboration among countries in accelerating the transition towards a low-carbon future.
Malaysia’s participation at Asia Carbon Capture 2026 reflects the country’s continued commitment towards supporting decarbonisation efforts, fostering strategic partnerships and advancing sustainable low-carbon economic growth.
02nd April 2026
Courtesy Visit from Brazil to the Ministry of Economy on CCUS
The Ministry of Economy received a courtesy visit from a delegation from Brazil on 2 April 2026. The meeting aimed to facilitate the exchange of experiences and to strengthen technical understanding and regulatory frameworks related to the implementation of carbon capture, utilisation and storage (CCUS).
Malaysia shared its national progress, including the enforcement of the CCUS Act 2025 effective from 1 October 2025 and the establishment of the Malaysia CCUS Agency. Brazil also shared developments in the country, including the implementation of several pilot projects related to CCUS. Key areas of discussion included the role of regulatory bodies in CCUS activities, methods for assessing storage sites, risk and liability management, as well as post-closure procedures for storage.
This courtesy visit reflects Malaysia’s commitment to strengthening international collaboration and knowledge sharing towards the safe, responsible, and effective development of CCUS, in line with the transition towards a low-carbon future.
31st Marc 2026
Coordination Workshop Between the Ministry of Economy and Malaysia Petroleum Management (MPM), PETRONAS
The Ministry of Economy, in collaboration with Malaysia Petroleum Management (MPM), PETRONAS, organised a coordination workshop to discuss matters of mutual interest related to the implementation of carbon capture and storage (CCUS) initiatives in Malaysia. The workshop specifically focused on coordination aspects under the legal frameworks of the Petroleum Development Act 1974 and the Carbon Capture, Utilisation and Storage Act 2025.
Discussions during the workshop emphasised the importance of an integrated approach to ensure that CCUS implementation complies with existing legal requirements while supporting the development of the nation’s green economy. The organisation of this workshop reflects the Government’s continued commitment to strengthening CCUS governance and enhancing inter-agency coordination, in line with the transition towards a low-carbon future.
11th February 2026
Courtesy Visit from Brazil to the Ministry of Economy on CCUS
The Ministry of Economy received a courtesy visit from a delegation from Brazil on 2 April 2026. The meeting aimed to facilitate the exchange of experiences and to strengthen technical understanding and regulatory frameworks related to the implementation of carbon capture, utilisation and storage (CCUS).
The Working Group Meeting brought together senior officials and technical experts from both countries to review progress made since the exchange of the Memorandum of Cooperation (MoC) on Cooperation in the Field of Carbon Capture and Storage.
11th February 2026
The First Malaysia–Japan Working Group Meeting on Cross-Border Carbon Capture and Storage (CCS): Strengthening Bilateral Cooperation for Regional Decarbonisation
11th February 2026
Bridging Borders: Dialog CCS Malaysia-Jepun
20th January 2026
Capacity Building Session on Carbon Storage
15th October 2025
JAPAN CCUS SUMMIT 2025
9th October 2025
Meeting on The Malaysian Carbon Capture, Utilisation and Storage Agency
27th August 2025
Workshop on CCUS Roadmap Documentation 2025
13th-14th August 2025
Offshore Energy Asia Conference 2025
17th-18th July 2025
Carbon Capture APAC Summit 2025
7th July 2025
National Carbon Capture Utlisation & Storage (CCUS) Roadmap Workshop Session 2
2nd July 2025
National Carbon Capture Utlisation & Storage (CCUS) Roadmap Workshop Session 1
7th May 2025
Courtesy Meeting with Mitsubishi Heavy Industries and Samsung E&A
7th May 2025
Courtesy Meeting with Ministry of Economy, Trade and Industry, Japan
7th May 2025
2025 Asia Pacific Forum on Carbon Capture and Storage (APAC Forum)
7th May 2025
Malaysia - Singapore Joint Committee Meeting on Cross-Border CCS
21st March 2025
Townhall Session on Technology Development Related to Carbon Capture, Utilisation, and Storage (CCUS) Initiatives
1st July 2024
Industry Dialogue with Hard-to-Abate and Energy Sectors