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