Petronas: Malaysia’s oil supply stable, but not insulated from price hikes


Dateline 2026-04-04, New Straits Times:

KUALA LUMPUR: Malaysia has a relatively sufficient crude oil supply compared with other Asean countries, said national oil and gas company Petroliam Nasional Bhd (Petronas).

Its president and group chief executive officer, Tan Sri Tengku Muhammad Taufik Tengku Aziz, said that almost 40 per cent of Malaysia’s crude oil imports pass through the Strait of Hormuz, compared with nearly 90 per cent for other Asean nations that rely on the route.

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This entry was posted on Tuesday, April 7th, 2026 at 9:00 am and is filed under oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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