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Anwar to discuss Maldives oil exploration proposal with Petronas

MALÉ: Prime Minister Datuk Seri Anwar Ibrahim will discuss with national oil company Petroliam Nasional Bhd (Petronas) a Maldivian proposal for oil exploration, as Malaysia looks to expand economic cooperation with the island nation.

Anwar to discuss Maldives oil exploration proposal with Petronas

Prime Minister Datuk Seri Anwar Ibrahim will meet with Malaysia's national oil company, Petronas, to discuss a proposal by the Maldives for oil exploration, according to a joint press conference today. Anwar highlighted Petronas' global experience in oil and gas exploration, noting its operations in various countries, including Canada, Turkmenistan, Sudan, Suriname, Peru, and Brazil.

He expressed confidence that it would not be difficult to strengthen ties with the Maldives. Anwar also proposed that if the Maldives cannot explore oil, they can at least rest in Malaysia. The Malaysian leader emphasized Malaysia's willingness to collaborate with the Maldives on climate change, a critical issue for the island nation.

Anwar criticized the insufficient climate financing commitments from developed countries and urged Malaysia and the Maldives to work together to uphold previous COP decisions on financing. He stressed that addressing climate change and implementing effective programs would necessitate additional funding.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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