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Article: RON95 saves govt RM33m a year in petrol subsidies
- Article from:
- New Straits Times
- Article date:
- August 20, 2009
- Author:
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Kamarul Yunus
New Straits Times
08-20-2009
RON95 saves govt RM33m a year in petrol subsidies
Byline: Kamarul Yunus
Edition: Main/Lifestyle
Section: Business Times
Type: News
THE government will save RM33 million a year in petrol subsidies with RON95, a new petrol type that will be available nationwide from September 1.
Deputy Domestic Trade, Cooperatives and Consumerism Minister Datuk Tan Lian Hoe said RON95 is comparable to RON97, which is widely used now.
Come September 1, RON97 will sell at RM2 per litre from RM1.80 now, while RON95 retails at RM1.75 per litre.
"Why pay more when you have cheaper fuel that you can change with the same energy to the car's performance," Tan said.
She was ...