Petrol stations encouraged to sell fuel below govt-stipulated prices


PUTRAJAYA (Bernama): Petroleum products can be sold below government-stipulated prices if petroleum companies want to compete among each other, says Datuk Seri Saifuddin Nasution Ismail.

The Domestic Trade, Consumer Affairs Minister said all 3,500 petrol stations from the six main industry players are currently selling petroleum products according to the Automatic Pricing Mechanism (APM) which is RM2.08 per litre for RON95 petrol.

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Petrol , Diesel , APM , Saifuddin Nasution Ismail

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