Malaysia's Fuel Supply to Remain Stable Until September Amid Energy Crisis
The Minister in the Prime Minister's Department (Legal and Institutional Reform) Datuk Seri Azalina Othman Said has assured that Malaysia will have a stable supply of fuel until September, despite the ongoing energy crisis. This assurance was made during a weekly meeting of the National Economic Action Council (NEAC), where she responded to a question from Senator Tan Sri Low Kian Chuan about the country's petroleum resources.
Azalina stated that Malaysia has sufficient crude oil reserves, estimated at 3.89 billion barrels of oil equivalent, while the total natural gas reserves are as much as 13.19 billion barrels of oil equivalent as of January 1, 2026. Based on these estimates, the lifespan of each reserve's production is over 20 years.
She also mentioned that Petronas Dagangan Bhd supplies about 50% of the country's domestic fuel needs through its network of gas stations nationwide. To ensure supply security and control prices, the Crisis Management Task Force (CMT) under NEAC constantly monitors the situation of fuel and energy supply for the country.
Azalina added that efforts are being made to obtain crude oil supplies from exporters other than West Asia, such as from West Africa and the Americas, subject to the suitability of crude oil grades and related commercial terms. This move aims to reduce Malaysia's dependence on West Asian crude oil exports and mitigate the impact of the energy crisis.