As the world faces energy crisis, Malaysia’s energy industry still manageable, says minister


I’ve been out circulation, when did this energy crunch start?

Dateline 2021-11-17, NST:

The world is facing an energy crisis where the demand for energy commodities exceeds supply and this is causing volatility in short-term pricing with global spot prices for natural gas reaching the highest level this year.

However, the impact of the energy crisis on Malaysia has not been alarming.

On October 5, 2021, in the Dewan Rakyat, Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed assured that Malaysia has managed its energy security despite the price increase in energy commodities, namely coal and liquefied natural gas (LNG). 

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