How much oil did the Malacca Strait carry in H1 last year?

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The Malacca Strait Carried Over 23 Million Barrels of Oil in the First Half of Last Year

In the first half of the previous year, the Malacca Strait facilitated the transit of more than 23 million barrels of oil. This volume represented 29 per cent of all maritime oil flows during that period, underscoring its significance as a major global energy chokepoint.
Significant Transit Volume

The Malacca Strait, bordered by Indonesia, Malaysia, Singapore, and Thailand, is recognised as the world's largest oil chokepoint based on transit volume. Data from the US Energy Information Administration (EIA) indicates that over 23 million barrels of oil passed through this waterway in the initial six months of last year. This substantial flow highlights the strait's critical role in the global oil supply chain.
Commitment to Accessibility

Indonesia and Singapore have affirmed their commitment to ensuring the Strait of Malacca remains accessible. Indonesian President Prabowo Subianto and Singaporean Prime Minister Lawrence Wong discussed the importance of maintaining the strait as a free passageway, especially amidst global oil tensions. Both leaders expressed a shared interest in keeping the waterway open, safe, and accessible to all vessels.
Regional Coordination for Safety

The commitment to an open Malacca Strait extends to coordinated efforts with neighbouring countries. President Subianto stated that Indonesia would continue to coordinate with Malaysia and Thailand to ensure the strait remains consistently open, safe, and accessible. This collaborative approach aims to guarantee the unimpeded flow of maritime traffic through this vital passage.
Upholding Freedom of Navigation

Singapore and Indonesia are committed to upholding the principles of freedom of navigation and the rights of passage as outlined in the UN Convention on the Law of the Sea (UNCLOS). Prime Minister Wong emphasised that the strait must remain safe, open, and accessible to everyone. This stance reinforces the international expectation for open maritime routes, particularly for critical energy transit points like the Malacca Strait.

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How much oil did the Malacca Strait carry in H1 last year?

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