Post by : Shakul

Malaysia is intensifying efforts to secure the country’s energy supply until the end of 2026 as the global supply crisis continues disrupting economic activity and increasing operational costs worldwide. Deputy Prime Minister Datuk Seri Anwar Ibrahim said the government is working closely with energy agencies and industry players to maintain supply stability amid growing uncertainty in international markets.

Deputy Prime Minister Datuk Seri Fadillah Yusof, who also serves as Minister of Energy Transition and Water Transformation, said Malaysia’s current energy reserves are expected to remain stable until July. However, authorities are now accelerating efforts to extend national energy security until December by sourcing additional supplies from overseas markets.

According to Fadillah, Petronas has been actively working to secure alternative energy resources from several international regions, including Africa, to ensure Malaysia remains protected from worsening global supply disruptions. He said continuous efforts are being made to prevent shortages that could impact industries, transportation and daily public needs.

The ongoing global crisis has already increased logistics expenses, fuel prices and operational costs across many sectors. Fadillah said industries such as healthcare, manufacturing and packaging are also facing pressure due to shortages of important raw materials and rising import costs linked to the global energy situation.

He warned that many Malaysians may not fully realise the seriousness of the global crisis because the country has so far managed to maintain relative stability. Behind the scenes, however, multiple government agencies and energy companies are working aggressively to preserve supply chains and economic stability.

The government is also encouraging the public and businesses to reduce electricity and water consumption as part of national conservation efforts. Authorities believe lowering overall energy usage can help extend supply availability while reducing the country’s exposure to international market volatility.

Fadillah added that the National Economic Action Council continues holding weekly discussions with industry representatives and government agencies to evaluate the crisis impact on businesses, jobs and consumer prices. The government is also preparing intervention measures aimed at protecting small and medium enterprises while minimising financial pressure on ordinary citizens.

Malaysia, he said, remains committed to balancing three major priorities in the energy sector, including ensuring long-term supply security, maintaining affordable prices for the public and advancing environmental sustainability goals despite ongoing global economic uncertainty.

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