The anticipated development of the Sipitang Oil and Gas Industrial Park (SOGIP) is set to be officially launched. Senior representatives from London-based Gibson Shipbrokers Ltd and Malaysian state-owned Sabah Oil & Gas Development Corporation (SOGDC) will lead the Launching Ceremony to mark this major milestone.
Joining the ceremony are project development partners, as well as a select number of diplomatic representatives.
The key developments at SOGIP include: LNG Import Infrastructure; Gas Power Plant; and Energy Commodities Storage Facilities.
The project partnership agreement between Gibson Shipbrokers and SOGDC was signed in June 2024, a collaboration covered by Reuters.
The development at SOGIP is projected to generate about 1,600 jobs for the local economy while contributing to Sabah’s progress plans and supporting the energy demands of its rapidly expanding economy.
