CEBU: The government has assured that the nation’s petrol and diesel supply is stable following the government’s proactive measures, particularly under the management of PETRONAS, says 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 yesterday, Bernama reported.
The Prime Minister was responding to questions on the country’s fuel supply status, previously reported to be sufficient until June.
Commenting on the fuel supply issues arising from the Middle East crisis and its impact on the global economy, Anwar said the matter is 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 member states fully support the initiative to meet the region’s alternative energy needs.
The Prime Minister was 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.
