Malaysian Prime Minister: Fuel supply uncertainty may face in June

MaticHoleFiller · 2026-04-05T13:59:56+00:00

Malaysian Prime Minister Anwar Ibrahim warns that the country may face fuel supply uncertainties in June, despite current stable supplies. The state-owned oil company Petronas relies on imports, and the government spends approximately 4 billion MYR each month to ease the pressure of rising fuel prices. The current gasoline subsidy price remains at 1.99 MYR, and the monthly fuel quota per person has been reduced to 200 liters.

MaticHoleFiller

2026-04-05 13:59:56

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Malaysia’s Prime Minister Anwar Ibrahim said the country may face uncertainty in fuel supply as early as June, highlighting that despite stable near-term supply, Malaysia still remains vulnerable to shocks from the global energy crisis.

According to the report, the Malaysian prime minister said the state-owned energy company Malaysia National Petroleum (Petronas) is in effect a net importer of oil, which forces Malaysia to rely on overseas purchasing. He said supplies are sufficient in April and May, but the supply situation after that remains unclear.

The Malaysian government spends about 4 billion Malaysian ringgit (US$993 million) per month to buffer the impact of international oil price increases. This burden could further intensify pressure on public finances and complicate subsidy reform. The government has kept the subsidy price for the most widely used gasoline in Malaysia at 1.99 ringgit per liter, which is among the lowest levels in the world.

However, the authorities have cut each person’s monthly fuel ration quota by about one-third, to 200 liters.

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Responsible editor: Chen Yujia

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