Hamzah: SOP for weekly ceiling price of fuel to be presented to Cabinet on Wednesday

  • Nation
  • Saturday, 11 Mar 2017

The average price of 1 litre of RON95 petrol was RM2.30 in February 2017, compared to RM1.75 in February 2016.

BATU KURAU: A mechanism for the Standard Operating Procedure (SOP) that determines the new weekly ceiling price for fuel will be presented to the Cabinet on Wednesday.

Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainuddin said the presentation is aimed to provide information about the mechanism which will be implemented on April 1.

"When everything is ready for the SOP, I will announce it," he told reporters after opening the Parent-Teacher Association (PTA) meeting of SK Ulu Sepetang, Batu Kurau near here Saturday.

On March 6, Hamzah said the ceiling price of fuel will be announced weekly, beginning next month.

The Ministry had advised petrol station operators to cooperate with the Petroleum Dealers Association of Malaysia to establish a concept that can avoid confusion among consumers.

According to Hamzah, who is also Larut MP, any action taken by the government, involves the interest and needs of the people as it is always a priority to ensure all facilities are provided for the comfort and convenience of the people. - Bernama
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