Nazman Auto

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Updated Sep 1 2009: The government annouced the price of RON95 is RM1.80 per liter, not RM1.75 per previous price. Meanwhile, RON97 (previously priced at RM1.80) is now sold at RM2.05.

Domestic Trade, Co-operative and Consu-merism Minister Datuk Seri Ismail Sabri Yaakob, who launched RON95 yesterday, said the new prices were decided based on the current automatic pricing mechanism.

“Although the price is now 5 sen higher, the Government is still subsidising 33.81 sen per litre (of RON95) which is equivalent to RM304mil monthly,” he told reporters.

Aug 27 2009: Effective 1 Sept 2009, RON95 petrol grade will be officially introduced nationwide. All petrol stations are getting ready, in fact many petrol stations have already started selling RON95. Meanwhile, RON92 will be phased out. Previously, the petrol consumers normally fill-in our car is RON97, which is priced RM1.80 per liter. Starting Sept 1, RON97 will be sold at RM2.00, twenty cents more than today’s price and RON97 is reclassified as premium fuel.

Consumers are then offered RON95, RM1.75 per liter as alternative. Most likely, most of them will then switch to RON95 for their car since they do not want to increase their petrol spending by 20 cents more per liter, which translate into 10% additional petrol expenses in their monthly petrol budget.

What is the impact of lower grade petrol to our car?

Click here to continue reading “RON95 Fuel – What Does It Mean to You?” »

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