"Ensuring Energy Security in the 21st Century"Print this page
Date: 13 November 2008
Tenaga Nasional Berhad (TNB) participated in the International Energy Security Forum 2008 yesterday, 12 November 2008 at the Shangri-La Hotel, Kuala Lumpur. Over 300 participants from 23 countries attended the one-day forum which was organized by Paddy Schubert Consultants Sdn. Bhd. and supported by the Ministry of Energy, Water & Communications, TNB and Institute of Strategic & International Studies, Malaysia. The key objective of the forum is knowledge sharing on ways to ensure a reliable and affordable supply of energy in the years to come. TNB Chairman, Y. Bhg. Tan Sri Leo Moggie, in his opening speech said Energy security is a global issue that represents an urgent challenge to Malaysia because it is interlinked with both economic and national security. Therefore, Malaysia needs a comprehensive security roadmap with a clear policy framework and compatible electricity sector regulation. Meanwhile, during the luncheon talk session, Datuk Shaziman Abu Mansor, Minister of Energy, Water and Communications highlighted the importance of nuclear energy as the most attractive option to be an alternative source of power for Malaysia. Studies have shown that the cost of generating nuclear energy has become more competitive with other sources. Speaking at the closing of the forum, TNB President/CEO, Y. Bhg. Dato' Sri Che Khalib Mohamad Noh said players in the energy sector will see more challenges in the operating environment as energy price remains volatile due to supply-demand forces and geo-political uncertainties. For more information on International Energy Security Forum, please visit www.energysecurityforum.com
