Petronas stations free to set lower petrol prices

Good report: (from left) Mohd Ibrahimnuddin with chairman Md Arif Mahmood and CFO Norliwati Abdul Wahab checking out Petronas Dagangan’s annual report after the company’s AGM.

KUALA LUMPUR: Petronas Dagangan Bhd (PetDag), which has the largest chain of petrol stations in the country, has no qualms if any of its dealers decide to drop the pump prices of the fuel lower than the weekly rate set by the Government.

However, the dealers of the stations in question would need to seek the approval of the Domestic Trade, Co-operatives and Consumerism Ministry, and also discuss with PetDag about the matter.