Govt studying ways to avoid increasing RON95 petrol price

Petrol, diesel, LNG, LPG, NGV, fuel consumption, petrol & diesel price, petrol & diesel subsidy, rebate and etc etc

Govt studying ways to avoid increasing RON95 petrol price

Postby admin » Tue Feb 22, 2011 10:41 am

KUALA LUMPUR: The government is studying all options available to avoid increasing the price of RON95 petrol in the near future although oil prices are rising globally, said Domestic Trade, Cooperatives and Consumerism Minister Datuk Ismail Sabri Yaakob.

He said his ministry was working closely with the Finance Ministry on the matter to ensure Malaysians were not adversely impacted following rising oil prices.

"We have to maintain a balance because we fear if fuel prices go up, prices of goods will go up in tandem and this will be a burden on the people.

"My ministry and the Finance Ministry are studying all options available to stabilise fuel prices to avoid any price hikes in the near future," he told a press conference here Tuesday.

Ismail Sabri was asked about rumours swirling around that the price of RON95 petrol would be increased soon. Also present were his deputy Datuk Tan Lian Hoe and the ministry's secretary general Datuk Mohd Zain Mohd Dom.

Read the full article:
http://thestar.com.my/news/story.asp?fi ... sec=nation
admin
Informer
 
Posts: 3811
Joined: Thu Jan 01, 1970 12:00 am
Location: Kuala Lumpur

Return to Petrol & Diesel Price, Rebate & Subsidy

Who is online

Users browsing this forum: No registered users and 0 guests

  • Lazada Malaysia Lazada Malaysia Lazada Malaysia Lazada Malaysia