Malaysia’s fuel supply steady, says Amir Hamzah, as government moves to secure extra reserves
Finance Minister II Datuk Seri Amir Hamzah Azizan has assured that Malaysia’s petrol and diesel supply remains sufficient, backed by local production. — Bernama pic
Friday, 13 Mar 2026 1:09 PM MYT
KUALA LUMPUR, March 13 — Finance Minister II Datuk Seri Amir Hamzah Azizan has assured that Malaysia’s petrol and diesel supply remains sufficient, backed by local production.
He said the government is, however, working to secure additional oil reserves to safeguard energy security as tensions in West Asia continue to disrupt global markets.
“Petronas (Petroliam Nasional Berhad) and other oil companies are actively exploring alternative sources to replace supplies affected by the ongoing conflict, even as domestic fuel stocks remain stable,” Amir told a post-Cabinet meeting joint press conference here today.
MORE TO COME
Coming Soon to Bolehland.....
ReplyDeletePetrol station enforces $20 limit as fuel panic sweeps Australia
https://x.com/DailyMail/status/2031562475481514465?s=20
BREAKING: EG Group is imposing a £30 limit on purchases of fuel due to "unprecedented customer demand".
https://x.com/SkyNews/status/1441487086532677632?s=20
A gasoline station in Lingayen, Pangasinan implements the 20-liter cap to prevent hoarding among motorists due to the expected oil price hike on Tuesday (March 10, 2026). Supervisor Jun Sanchez said they do not allow the use of containers for refills. | Hilda Austria
https://x.com/pnagovph/status/2030861295080128540?s=20
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Climate Activists
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In Oz' case it's only in Rural Oz and where diesel is concerned. Shows you STILL love to exaggerate (kerbau)
DeleteDiesel in rural areas is the tail far end of the petroleum fuels supply chain. They are the first to feel the pinch in supplies.
DeleteSimilar situation in Malaysia.
I once found myself hunting for diesel while driving a diesel Pickup in rural Malaysia. The fuel tank was showing warning lights and.may have bee down to the last few liters.
I don’t kerbau. Look at this chart and see where Aussie is.
ReplyDeleteTell me again how Australia is well prepared for a fuel crisis....
Chart is of oil and fuel stockpiles in days of supply by nation.
Chart: Jonathan Kearns via Alex Joiner
https://x.com/avidcommentator/status/2032012476469166543?s=46
I questioned your statement "Petrol station enforces $20 limit as fuel panic sweeps Australia", not how much fuel Oz has in reserve
DeleteIf no problem why release fuel reserves?
DeleteAussie is largely rural, agriculture is central to its economy. Even all their mines are rural. 90% of their wealth comes from rural.
Australia has announced it will release petrol and diesel from its domestic fuel reserves to help manage supply disruptions linked to the ongoing Iran conflict. Energy Minister Chris Bowen said the government will allow up to 20% of the minimum fuel stockholding obligation to be used. This is equivalent to about 762 million litres of petrol and diesel, or roughly 5 million barrels of oil. Australia’s reserves are still below the 90-day fuel storage requirement set by the International Energy Agency, raising questions about long-term energy security.
Aussie shut down its last major refineries ExxonMobil and BP years ago because they simply could not compete with overseas. Aussie is heavily dependent on import, but not having a stockpile reserve is stoopid, especially for such a geographically large country where petrol cars are sooooo important and you wouldn’t want to drive an EV for long distances.
ReplyDeleteTo think that only 15 years ago, Australia biggest refinery at Kurnell was across Botany Bay from Australia’s busiest international Airport, Sydney Kingsford Smith, with a direct pipeline feed of kerosene from the Caltex plant to planes!
ReplyDelete