Stopping exports is ‘last resort’: Malaysia Deputy PM
The Straits Times
He said the situation remains stable due to the nation’s strong economic and fiscal position. Read more at straitstimes.com.
PETALING JAYA - Halting general petroleum exports will be the last resort of the government if the ongoing Middle East conflict worsens in Malaysia, says its Deputy Prime Minister Fadillah Yusof.
Mr Fadillah said this was because PETRONAS has existing commitments.
“Stopping exports will be the last resort because we are still bound by agreements,” said Mr Fadillah when met by reporters during an event at Samariang in Kuching on March 14.
According to the Statistics Department, Malaysia exported RM174.6 billion (S$57 billion) worth of oil and gas products in 2025, comprising RM103.55 billion in refined products and RM71.05 billion in crude and LNG.
Mr Fadillah, who is also in charge of the Energy Transition and Water Transformation Ministry, said that the situation remains stable due to the nation’s strong economic and fiscal position.
“But at the same time, we must take preventative measures,” he added.
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