Petrol Malaysia

Dear Reader, Thank you for dropping by PetrolMalaysia.com, again. As usual, we will cover a run-down of recent events pertaining to petrol, in Malaysia. The price of petrol has slipped in recent weeks. On the 17th of November, the Government of Malaysia announced that the price petrol has now dropped 15 sen per litre. Accordingly, the prices of petrol in Malaysia are now: RM2.00 per litre forRON 97; RM1.90 per litre for RON 92; and RM1.90 per litre for diesel. (Source: New Straits Times Online, 17 Nov. 2008, Fuel Prices Drop By 15 Sen Per Litre ) The Government has stopped subsidising petrol price at petrol stations. (Source: New Straits Times Online, 20 Nov. 2008, Another Fuel Price Cut? Gov't To Decide Next Month, says Shahrir ) This removal of price subsidy at the petrol pump is probably a good idea for now, as it will save the Government some money. The current price of petrol is not burdensome on the rakyat . However, when prices of petrol shoot up again, will the Governmen...

Dear Reader, Thank you for dropping by PetrolMalaysia.com. In this article we examine the Kimanis-Bintulu gas pipeline project. Introduction On 1st Nov 2008, Prime Minister YAB Dato Seri Abdullah Ahmad Badawi announced at the 23rd UPKO congress that the Kimanis-Bintulu gas pipeline project was to go ahead. (Source: Malaysiakini, Abdullah's U-turn on gas pipeline project , 3rd Nov 2008) The Prime Minister had announced on 31st May 2008 that the project would be scrapped. However on 10th Oct 2008, Tan Sri Bernard Giluk Dompok noted that Petronas was proceeding with implementing the project, in disregard of the Prime Minister's earlier promise that it would be scrapped. Basic Facts What: The Government plans to build a pipeline from Kimanis (Sabah) to Bintulu (Sarawak). Prime Minister YAB Abdullah Badawi has stated that only surplus gas would be transported from Kimanis to Bintulu. (Source: Malaysiakini, ibid. ) He also said that sufficient gas would be allocated to meet the needs...

Dear Reader, Thank you for dropping by PetrolMalaysia.com. You will notice that a new gadget has been added to the middle column, displaying the latest price of petrol. I was inspired by Jeff Ooi who placed a slightly bigger widget (but from the same source) on his website. ++++++++ Malaysians heaved a sigh of relief on November 1st, 2008, when petrol prices were reduced by 15 sen. This was in response to the price of petrol, which dropped to USD$62 per barrel. (Source: Malaysiakini, Gov't cuts petrol, diesel prices by 15 another sen , 1st Nov 2008) Several things must be discussed in this article. The latest prices of petrol effective November 1st, 2008, are as follows: RON 97 petrol is RM2.15 per litre; RON 92 petrol is RM2.01 per litre; and Diesel is RM2.05 per litre. (Source: Bernama, Another Fuel Price Cut Soon, Says Shahrir , 9th Nov 2008) Light aircraft fuel goes up In the Bernama article referred to above, it was stated that fuel for light aircraft has risen from RM6.20...