KUALA LUMPUR, March 13 — Finance Minister II Datuk Seri Amir Hamzah Azizan has assured that Malaysia’s petrol and diesel supply remains sufficient, backed by local production.

He said the government is, however, working to secure additional oil reserves to safeguard energy security as tensions in West Asia continue to disrupt global markets.

“Petronas (Petroliam Nasional Berhad) and other oil companies are actively exploring alternative sources to replace supplies affected by the ongoing conflict, even as domestic fuel stocks remain stable,” Amir told a post-Cabinet meeting joint press conference here today.

Amir said the government has directed all ministries to hold engagement sessions with industries under their respective portfolios to gather feedback on the potential impact of the conflict in West Asia.

He said the findings would be tabled at the next Cabinet meeting and an upcoming National Economic Action Council meeting, where industry representatives are also expected to present their views.

Amir said rising global oil prices had already pushed up the government’s subsidy burden as Putrajaya keeps fuel prices unchanged to cushion the impact on consumers.

He said the subsidy bill for RON95 and diesel had risen to RM3.2 billion from RM700 million previously.

“The government is able to absorb the higher cost in the short term due to fiscal reforms undertaken in recent years, though additional measures may be considered if global energy prices remain elevated.

“Among the measures being studied are energy-saving steps across the public sector, including reducing electricity consumption and adjusting air-conditioning settings in government offices,” he added.

On a separate matter, Amir said Prime Minister Datuk Seri Anwar Ibrahim has instructed the Chief Secretary to the Government and the Public Service Department director-general to study the possibility of allowing civil servants to work from home.

He said the move is being considered as part of efforts to manage operational costs and energy usage.

The proposal is expected to be discussed at the next Cabinet meeting, likely to take place next Tuesday.