PUTRAJAYA: RON95 petrol will be priced at RM1.75 per litre, five sen cheaper than the RON97 available now.
When the RON95 petrol is introduced from Sept 1, RON97 petrol will cost RM2 per litre.
Domestic Trade and Consumer Affairs Minister Datuk Seri Ismail Sabri Yaakob said the fact that RON97 will be at a higher price has raised concern among the public but what most did not understand was that RON95 would become the grade of petrol that everyone would use.
“For many, even luxury and high-powered cars, RON95 is good enough. Malaysian consumers are currently using petrol which is of higher quality that what consumers get in other countries,” he said.
“And the best thing is, RON95 petrol, which is almost similar in quality to RON97, is cheaper. Meaning, consumers will be paying less for good quality fuel compared to now.
“The public should not be worried about the higher price of RON97 because it will become an alternative product,” Ismail Sabri said after chairing his ministry’s post-Cabinet meeting yesterday.
Ismail Sabri said the RON97 petrol would join the league of other premium petrol products available in the market.
On another matter, the minister said that a committee to look into the price of chicken would be set up next week, which would comprise members representing breeders, wholesalers, retailers and consumers.
“The committee will determine whether there is justification to increase the price of chicken and the quantum of the increase,” he said.
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