Kuala Lumpur, April 10 -- Nearly 48% of Malaysia's crude oil supply is produced domestically, while about 38% is imported through the Strait of Hormuz, according to a recent announcement by the country's national oil company Petronas.
The remaining volume comes from other regions, including roughly 7% from Southeast Asia, 7% from West Africa, and additional supplies from West Asia and elsewhere.
The figures highlight Malaysia's significant reliance on the Hormuz Strait, a strategically vital yet highly volatile global energy shipping route.
Data from the Malaysian Finance Ministry shows that domestic oil consumption stands at about 700,000 barrels per day, nearly double Malaysia's crude oil production of around 350,000 barrels daily. The...