No fuel smuggling reported in Miri

MIRI: The Ministry of Domestic Trade, Co-operatives and Consumerism has not received reports of fuel smuggling at the 24 petrol stations here.

Divisional enforcement chief Alexander Averon Suwin said ministry enforcement officers have been monitoring all the petrol stations.

Probably because prices of RON 95 and 97 and diesel are now lower, smugglers dont want to take the risk of losing, he told The Borneo Post yesterday.

He explained that smugglers would make a loss as the current global market prices are not in their favour.

On the prices of essential items here, he said there have been no signs of traders hiking up their prices or lowering them. He said the prices of items sold at supermarkets and shopping malls have remained the same.

Alexander added that officers would continue to monitor the situation on the ground and gather feedback from the public.