CEBU: The government has assured that the nation’s petrol and diesel supply is more stable following the government’s proactive measures, particularly under the management of Petroliam Nasional Bhd (Petronas), said Prime Minister Datuk Seri Anwar Ibrahim.
Anwar, who is also the Finance Minister, said reducing RON95 consumption, tightening enforcement to curb diesel leakages and smuggling, as well as importing fuel supplies, have helped strengthen the country’s supply security.
"Therefore, in terms of supply availability, the situation is no longer as strained as it was two months ago,” he told the media after attending the 48th ASEAN Summit and Related Meetings here today.
The Prime Minister was responding to questions on assurances over the country’s fuel supply status, which was previously reported to be sufficient until June.
Commenting on the fuel supply issues arising from the West Asia crisis and its impact on the global economy, Anwar said the matter was among the main issues discussed during the summit.
He said ASEAN countries also discussed joint efforts to address supply shortages and ease rising cost pressures, including on food, fertiliser and transportation.
"ASEAN has taken proactive measures, such as ways to increase production, and countries with excess supplies have also decided to prioritise ASEAN,” he said.
On projects such as the ASEAN Power Grid, Anwar said ASEAN member states fully support the initiative to meet the region’s alternative energy needs.
The Prime Minister is leading the Malaysian delegation to the 48th ASEAN Summit and Related Meetings here, held on May 7-8.
He is accompanied by his wife, Datuk Seri Wan Azizah Wan Ismail, Foreign Minister Datuk Seri Mohamad Hassan, and Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
The Philippines took over the ASEAN chairmanship from Malaysia on Jan 1, 2026, under the theme "Navigating Our Future, Together”, guided by three pillars - Peace and Security, Prosperity Corridors, and People Empowerment. - Bernama
