Malaysia will intensify efforts to secure energy supply until the end of December

Fadillah, who also serves as the Minister of Energy Transition and Water, stated that the current energy reserves can only last until July. PETRONAS is procuring fuel from overseas regions such as Africa to expand its stockpile. According to reports citing his remarks, the global energy crisis is impacting supply chains and driving up logistics costs. Sectors such as healthcare and manufacturing are also experiencing shortages of raw materials, with supplies of packaging and industrial plastics under strain. In April, Malaysia's fuel subsidy expenditure reached approximately 7 billion ringgit, equivalent to 1.8 billion US dollars, a tenfold surge compared to before the turmoil, causing continued fiscal pressure.