Shahrir: RON95 will replace RON92 petrol next year
KUALA LUMPUR: The Domestic Trade and Consumer Affairs Ministry will replace the RON92 petrol with RON95 by the middle of next year.
Minister Datuk Shahrir Abdul Samad said the decision was made based on feedback from car manufacturers that most cars in Malaysia would be able to use RON95.
But they have yet to confirm that in writing, he told the press after presenting the F&N Out-Do Yourself Awards here yesterday.
Shahrir said the issue now was that many petrol stations in the Klang Valley did not have RON92 petrol, as oil companies found it more convenient to just provide only RON97.
Not having RON92 means consumers have fewer choices.
Whether its RON97 or RON92, there is no difference in profit for the oil companies, he said.
But for consumers, there is a difference as RON92 is 10 sen cheaper.
Shahrir said the retail price for RON95 petrol would be the same as for RON92, which is RM1.80 a litre.
However, he said that the matter had not been brought up to the Cabinet yet. He hopes to do so soon.