00:00Petronas has confirmed that fuel supply at its stations nationwide will remain secure until the end of June, extending its
00:08earlier projection by a month.
00:11The national oil company said it supplies about 50% of the country's fuel needs through its public-listed subsidiary
00:19Petronas Dagangan Berhad, with the balance supplied by other oil firms operating in Malaysia.
00:25In a statement, Petronas also said that it would continue to actively manage its supply chain to ensure sufficient stock
00:32across its station network amid the global energy crisis from the Middle East conflict.
00:38It added that members of the public are encouraged to purchase fuel responsibly according to their daily needs and to
00:45avoid hoarding or panic buying, as responsible usage will help ensure continued accessibility for all.
00:52On March 30th, the firm said it projected sufficient petrol and diesel supply for the country up to May 2026.
01:01Petronas said that even though Malaysia is an oil-producing nation, it is not fully insulated from the impact of
01:08the war in Iran, with nearly 40% of the country's crude oil requirements transiting through the Strait of Hormuz.
01:16Hanyu Jo, FMT
01:18The Strait of Hormuz
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