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Malaysia's Petronas to halt local NGV fuel supply next year on decreasing demand

Malaysia state energy company Petronas << IPOPETO.KL > will halt the domestic retail supply and sale of natural gas for lorries by July next year due to decreasing need and to guarantee safety of roadway users, the transportation minister said on Monday.

Transportation Minister Anthony Loke said only 0.2% of registered motor vehicles in Malaysia were fuelled by NGV, with many considered in aging condition and extra parts not available.

These issues will ultimately pose a security danger, injury, or death to all users or owners of the vehicles included, Loke informed an interview.

NGV is mainly utilized as a fuel for taxis in Malaysia.

Loke likewise stated NGV-powered lorries will no longer be permitted to register for road usage in Malaysia from July 1, 2025.

Petronas has actually taken steps to help owners of NGV-powered lorries, consisting of cabby, to shift to other fuels, Loke stated.

(source: Reuters)