Formula for price of diesel and RON95 to be made public soon


  • Nation
  • Tuesday, 02 Dec 2014

KUALA LUMPUR: A simplified version of the formula used to calculate the price of diesel and RON95 will be made public soon, said Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hasan Malek (pic).

He said the simplified version of the formula will be uploaded on the ministry’s website to calculate RON95 petrol and diesel prices for the public.

Hasan Malik said that the calculation was quite intricate but he understood that the people needed to know how the prices were being derived.

"We shall seek approval from the Ministry of Finance first and then we will include a simplified version of the calculations on our website," he said.

He was speaking to reporters during the launch of the buy Malaysian made goods campaign and back to school campaign held at AEON AU2 in Setiawangsa Tuesday.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Calcilations , Diesel , RON95 , Government , Fuel , Hasan Malik

   

Next In Nation

Anwar questions reasons behind adjourning Parliament for the fourth time
Two hurt, one trapped after scaffolding at LRT3 construction site collapses
Anwar claims country in constitutional crisis, calls for PM's resignation
Parliament adjourns for fourth time, two Covid-19 cases detected
Covid-19: Over 50% of Penangites have received first dose of vaccine, says CM
Perlis achieves 38.35% vaccination rate, gears up for Phase Three of NRP
No visitors at Seberang Jaya Hospital following increase in Covid-19 cases
Dengue cases have fallen by almost 80% in Negri, says exco member
Religious council allocates over RM1.6mil for suraus, mosques in N. Sembilan
Covid-19: 17,170 new cases on Thursday (July 29)

Stories You'll Enjoy


Vouchers