Kuala lumpur: Malaysia must expedite its transition towards a more sustainable, diversified and cost-effective long-term energy strategy, said Prime Minister Datuk Seri Anwar Ibrahim. He emphasized that the decisive shift in the energy strategy is not merely an environmental necessity but also imperative amidst disruptions in global energy supply.
According to BERNAMA News Agency, Anwar highlighted that the government has taken steps to manage exposure to volatility, aiming to ensure adequate supply while mitigating pressures on the cost of living due to global energy supply disruptions. During his keynote address at the Kuala Lumpur-Ankara Dialogue 2026, he noted the impact of these disruptions on energy prices, which would affect production systems, supply chains, and daily living costs in both advanced and developing economies.
Anwar pointed out the immediate humanitarian implications of disruptions to energy and infrastructure, with wider socio-economic consequences that could further destabilize an already fragile environment. He mentioned that these disruptions are causing a humanitarian crisis and a broader systemic shock, unsettling markets, disrupting supply chains, and straining economic stability across continents.
The Prime Minister further stated that while Malaysia is not immune to disruptions in global energy supply, the country remains firmly committed to safeguarding the well-being of its citizens.