Government to Study Need for National Petroleum Reserve

The government is assessing the need to establish a national petroleum reserve as part of efforts to strengthen energy security amid global supply uncertainties.

Malaysia explores strategic oil reserve to boost energy security

Officials said the study will evaluate storage capacity, cost implications, and strategic benefits, including protection against supply disruptions and price volatility in global markets.

The move reflects broader concerns over energy resilience, as geopolitical tensions and market fluctuations continue to impact oil supply chains. Findings from the study are expected to guide future policy direction.

Study aims to shield economy from supply shocks