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Malaysia risks being net importer of oil, gas without energy transition: Economy minister

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Malaysia's Economy Minister Rafizi Ramli says the country has reached a critical inflection point in its energy needs, beyond which it risks becoming a net importer of oil and gas. He also defended the government's move to cut domestic fuel subsidies as a key part of fiscal consolidation and energy transition.

Malaysia's Economy Minister Rafizi Ramli says the country has reached a critical inflection point in its energy needs, beyond which it risks becoming a net importer of oil and gas. He also defended the government's move to cut domestic fuel subsidies as a key part of fiscal consolidation and energy transition. Mr Rafizi shares more with CNA's Olivia Siong on the sidelines of the World Economic Forum in Dalian, China.

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Energy transition will propel Malaysia’s economy, needs to ‘survive multiple administrations’: Economy ministerIn an interview with CNA's Olivia Siong at a World Economic Forum conference in Dalian, China, Malaysia's Economy Minister Rafizi Ramli said the government’s belief in energy transition is not rhetoric.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »