The Malaysian government is to undertake a study on the National Energy Policy (NEP) to determine the regulatory framework and long-term strategies for the Southeast Asian nation’s energy sector.

The study, which will be performed by the Economic Planning Unit in the Prime Minister's Department, will look at the challenges in the energy industry, including those facing the oil and gas sectors, according to economic minister Mustapa Mohamed.

"The study will identify new growth opportunities by taking into account energy transition trends as well as energy trilemma challenges, which emphasise the balance of policies to achieve affordability and access, energy security and environmental sustainability,” he said on 12 November.