Economy Minister Rafizi Ramli said Malaysia imported about 25 per cent of gas last year to meet the country’s needs due to the lack of production of natural resources such as oil and gas. — Picture by Shafwan ZaidonKUALA LUMPUR, May 3 — The country faces higher imports of gas energy for electricity use in the coming years if it continues to depend on the commodity without efforts to accelerate the transition to more sustainable energy.
“So, we have to tell the truth to the people, and the truth is painful,” said Rafizi when speaking as a panelist in the National Institute of Public Administration Minister’s Conversation 2024 programme here today.He explained that the current production of crude oil is low, which is around 400,000 barrels per day compared to 700,000 barrels per day over the last 20 years.
“On the other hand, something has to give way... there will not be a business as usual. Decisions have to be made to make sure the situation does not worsen .