Russia Pledges Long-Term Oil, Gas, Diesel Supply to
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- PM Anwar Ibrahim said Russian President Vladimir Putin agreed to work toward long-term oil, gas, and diesel supply arrangements for Malaysia following Anwar's recent visit to Russia.
- Anwar raised future energy security with Putin, seeking guarantees that Malaysians would not be affected by disruptions amid "global uncertainties."
- Putin committed to pursuing long-term supply arrangements for Malaysia, with Anwar announcing the agreement at the Program Madani Kita Bersama Kawasan Rukun Tetangga event in Segamat on June 24.
- Turkmenistan was highlighted by Anwar as one of the world's major natural gas producers, with PETRONAS involved in discussions to strengthen bilateral energy cooperation.
- Malaysia's political stability, Anwar said, has enhanced its international standing and built confidence among foreign energy partners.
Why it matters: This gives Malaysia a Russian hydrocarbon backstop while it simultaneously builds an alternative gas corridor through Turkmenistan via PETRONAS. By engaging two major suppliers on long-term terms, Malaysia reduces exposure to single-source disruption — a concrete hedge against the "global uncertainties" Anwar himself cited.
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