#malaysia-energy-security

#malaysia-energy-security

"A more decentralized energy system, with a growing share of renewables and more market players, is structurally more resilient. Countries that invested in the energy transition are weathering this crisis with less economic damage, as they boost energy security, resilience and competitiveness."

At the start of this year, Pakistan had more imported liquefied natural gas (LNG) than it could use, with demand falling from a peak of 8.2 million tonnes in 2021 to 6.1 million tonnes by late 2025. The government sold excess gas shipments to other countries and shut down domestic gas wells to prevent pipelines from bursting under oversupply.

The share of U.S. economic activity has increased in service industries that demand less energy, while sectors requiring large-scale energy resources have become more efficient.

"The ecosystem has realized that if they don't latch on to this next wave, they might end up being digitally colonized. Economic gains flow to the country that converts raw material into finished goods-and, in this case, the raw material is data."

Citi's upgrade reflects a broader geopolitical reality reshaping global energy markets. The Iran war is accelerating the flight of European and Asian buyers toward secure, long-term U.S. LNG supply contracts.

India remains "vulnerable" and lacking in energy security until it can produce at least 50% of its own oil. Billionaire industrialist Anil Agarwal believes India can grow to produce enough oil to meet 30% of its domestic demand within a few years.

The state of national energy emergency is declared in light of the ongoing conflict in the Middle East, posing an imminent danger to the availability and stability of the country's energy supply.

We stand ready to take all necessary measures in close coordination with our partners, including to preserve the stability and security of the energy market, said the G7 in a statement after a teleconference.

"But if for any reason a deal is not shortly reached, which it probably will be, and if the Hormuz Strait is not immediately 'Open for Business' we will conclude our lovely 'stay' in Iran by blowing up and completely obliterating all of their Electric Generating Plants, Oil Wells and Kharg Island..."

The Strait of Hormuz - a narrow waterway through which roughly a fifth of the world's oil supply passes - has effectively closed to tanker traffic amid the escalating U.S.-Israeli strikes on Iran. Once again, the global economy is discovering the same uncomfortable truth: Modern energy security depends on supply chains that can break overnight.

People who could afford to do it at that time realised that it was much cheaper and cost-effective and better for them in the long run to do a one-time investment in rooftop solar as opposed to keep paying high electricity bills from a grid that is also unreliable, said Nabiya Imran, an associate at Renewables First, a Pakistani thinktank.