Former Malaysian prime minister Tun Dr Mahathir Mohamad has advised the nation that Malaysia may no longer afford to provide price subsidy for fuel when it becomes a net importer of oil in 2014. Tun Dr Mahathir Mohamad is also the advisor for PETRONAS, Malaysian national oil company. As of current, Malaysia's oil production is able to export 250,000 barrels per day, making it in profit when its price increases.
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Energy singularity means a point where our source of energy is almost infinite, coming from the renewable sources and completely accessible to everyone on the planet.
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