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  • 11 hours ago
Malaysia will maintain its petroleum production quota under the Organisation of the Petroleum Exporting Countries and its allies (Opec+) for 2026, as previously agreed, says Economy Minister Akmal Nasrullah Mohd Nasir.

He said the decision provides certainty for the country to proceed with its planned oil and gas activities despite ongoing challenges in the global energy market.

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Transcript
00:01What about OPEC? What about OPEC? What about what you were talking about?
00:05We were talking about OPEC as OPEC Plus in the past year, which was in Vienna, Australia
00:15What about what we were talking about is that first, we have a commitment to OPEC
00:26and we were aware that the Kota for the year 2026 didn't fall in the past year
00:35It gave us a commitment to countries such as Malaysia to make the activity of oil and gas
00:42in the past year in the past year
00:45in the past year, although we were facing a crisis of power
00:51The second thing is that in 2020, the OPEC is currently being called Maximum Sustainable
01:05Cooperation to make sure that all Kota Negara are in the same way
01:11through a more specific study
01:14and for the country, we have agreed to give us a commitment to the study
01:21so that Malaysia will continue to keep up with the level of Kota
01:27and that is what we have in the same way
01:30and that is what we have in the same way
01:34So, Alhamdulillah, commitment to OPEC is well
01:39to ensure the stability of the OPEC
01:43even though it is in the issue of the crisis of Kota
01:47so that is how we do the history of course
01:48and you can continue after a full penalty,
01:48up until the public is coming in the same way
01:49currently we need to achieve better
01:59time of mathematics
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