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Tag: PM Anwar

National oil supply still sufficient, subsidized RON95 remains at RM1.99 per litre – PM Anwar

BUKIT MERTAJAM: The country's petrol and diesel supply is still sufficient at present despite the conflict in West Asia and the global economic situation putting pressure on the world's energy supply chain, said Prime Minister Datuk Seri Anwar Ibrahim. Apart from that, he said, the government is also committed to maintaining the price of subsidized RON95 fuel at RM1.99 per litre. Anwar, who is also the Finance Minister, said Malaysia's good relations with several countries, including Iran, have helped ensure that the country's oil supply route through the Strait of Hormuz has been running smoothly so far. "The good relationship with Iran has helped the oil supply to be sufficient so far, until July... God willing, diesel will also be sufficient, although that day there was a problem with a little diesel not being available, the price went up a little because we bought it from outside through the Strait of Hormuz. Insurance has gone up, shipping costs have gone up. "However, so far, RON95 fuel remains at RM1.99," he said when speaking at the Permatang Pauh Parliamentary Civil Sacrifice Cattle Distribution Ceremony at the Central Seberang Perai District Mosque, here, today, which was also attended by Chief Minister Chow Kon Yeow. The Prime Minister said that following the increase in diesel costs, the government had also implemented various assistance initiatives including the BUDI MADANI programme to assist farmers, fishermen, tractor operators, school buses and the transportation sector. Meanwhile, he said, Iranian President Masoud Pezeshkian is scheduled to contact him at 6 pm this evening to discuss current developments following the conflict that has hit the West Asian region. "The relationship (with Iran) helped us. When Iran was attacked by the Zionist regime of Israel, we showed sympathy and then when we were in a bit of trouble, our oil ships wanted to pass through the Strait of Hormuz. We (Malaysia) were among the first to pass, so our ships were among the first to pass through the Strait of Hormuz and reach Pengerang (Johor)," he said. Anwar said Malaysia was also grateful that the country's fuel supply situation was still under control compared to several neighboring countries that were currently facing more serious pressure, such as the Philippines. -- BERNAMA

BUKIT MERTAJAM: The country’s petrol and diesel supply is still sufficient at present despite the conflict in West Asia and the global economic situation putting pressure on the world’s energy supply chain, said Prime Minister Datuk Seri Anwar Ibrahim. Apart from that, he said, the government is also committed to maintaining the price of subsidized […]

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