THE HALFAX HEIMDALL AUGUR

Fadillah: Malaysia working to ensure energy supply security until ... PUTRAJAYA (May 22): The government is working to ensure the country’s energy supply security can be extended until December amid the global supply crisis that has disrupted economic chains and increased energy costs, said Deputy Prime Minister Datuk Seri Fadillah Yusof. Fadillah, who is also the minister of energy transition and water transformation, said the country’s energy supply is currently expected to be sufficient until July, and efforts are being intensified to extend this, including sourcing additional supplies from abroad. “At present,Insya-Allah, our energy supply security will last until July. PETRONAS (Petroliam Nasional Bhd) is working tirelessly to secure available supplies, even having to go to Africa. “If all the supplies can be secured,Insya-Allah, we will be able to ensure our energy supply security until December,” he said when speaking at the Ministry of Energy Transition and Water Transformation’s monthly assembly here on Friday. He said the current global energy crisis is affecting the entire economic chain, particularly the logistics sector, which has seen rising costs that ultimately…

Cooperation with Russia, Turkmenistan to boost Malaysia's ... KEPALA BATAS (June 20): Strategic cooperation with Russia and Turkmenistan will strengthen Malaysia’s energy supply security for decades, Prime Minister Datuk Seri Anwar Ibrahim said. He said Russian President Vladimir Putin had assured Malaysia of a long-term agreement for the supply of oil, gas and diesel for at least 20 years. “The matter was conveyed by the Russian President during discussions in Kazan when I visited the country recently. It reflects the strong bilateral ties and friendship between our two countries,” he said when speaking at the groundbreaking ceremony for the Setia Fontaines Industrial Park here on Saturday. Anwar said his recent official visit to Turkmenistan had yielded even greater progress when the country approved new access for Malaysia in the oil and gas sector. He said the development would secure the country’s energy needs over the long term. “Malaysia has gained access to one of the largest gas reserves in the world. This means our energy needs are assured, insya-Allah, for decades. “We can also use it to increase exports to partner countries, particularly China, Japan and South Ko…

Malaysia Secures 20-Year Fuel and Gas Supply in Talks with Putin ... In a significant development for Malaysia's energy security, Finance Minister Anwar Ibrahim announced that the country has secured a stable supply of fuel and gas for the next two decades following discussions with Russian President Vladimir Putin. This agreement comes at a time when global energy markets are experiencing heightened volatility, and Malaysia's proactive measures may bolster investor confidence. The sentiment surrounding energy security in the region is reflected in the adjusted sentiment score of 93, indicating a strong positive outlook among market participants. Furthermore, with topic coverage standing at 41, there is a notable interest in how geopolitical dynamics are influencing energy supplies. As the global economy continues to grapple with supply chain disruptions and fluctuating energy prices, Malaysia's long-term agreement could serve as a stabilizing factor, potentially mitigating risks associated with energy dependency. Methodology & Reference

Malaysia's fuel, gas supply secure for 20 years after talks with Putin, says ... KEPALA BATAS: Russia has assured Malaysia of oil, gas and diesel supplies for at least the next 20 years, says Datuk Seri Anwar Ibrahim. The Prime Minister said Russian President Vladimir Putin conveyed the commitment during talks in Kazan following his recent visit to Russia, describing it as a sign of strong bilateral ties between the two countries. "President Putin gave assurances through a long-term arrangement that Malaysia's supply of oil, gas and diesel will remain secure for at least the next 20 years. This is made possible through the friendship between our countries," he said during the ground-breaking ceremony of Setia Fontaines Industrial Park here on Saturday (June 20). Anwar, who returned to Malaysia early Saturday after concluding visits to Russia and Turkmenistan, said both countries viewed Malaysia as an independent nation that maintained friendly relations with all parties. He said the engagements underscored Malaysia's policy of fostering constructive ties with various countries while creating opportunities for trade, investment and economic cooperation. The Prime Minister highlight…

Malaysia’s energy supplies secure ‘for decades’ after talks with Russia, deals with Turkmenistan: Anwar Russia has assured Malaysia of oil, gas and diesel supplies for at least the next 20 years, while Petronas signed new energy agreements with Turkmenistan.