Petrol Prices since PH became the Government…

You can’t get any petrol at a petrol station?

Complaints can be made to the ministry through the portal e-complaint KPDNHEP or e-mail complaint e-aduan@kpdnkk.gov.my or via Ez ADD KPDNHEP (smartphone app) or via WhatsApp application to 019- 279 4317.

6 January 2019

KUALA LUMPUR, Jan 6 — The Petrol Dealers Association of Malaysia (PDAM) today hailed the Pakatan Harapan (PH) government for raising their commission by 3 sen per litre sold, thereby protecting their livelihood.

At the same time, the association lashed out at former prime minister Datuk Seri Najib Razak, whose Barisan Nasional (BN) administration they blamed for the stagnant sales commission of the past decade, which they said was responsible for their revenue losses that forced some of their members to pull out from business.

“Many dealers had to close shop, a lot of workers lost their source of incomes, and even more families fell victim to Najib’s government, which never took the necessary steps to correct the situation,” PDAM said in a statement.

It said the Najib administration had been aware of the effect of the weekly float system introduced for RON95 petrol on the livelihood of 128,000 individuals and family members of the 32,000 fuel traders as it had conducted a study on that.

PDAM said the then BN government had promised fuel dealers their sales commission would be raised after GE14 last year.

It claimed Najib, who was also the then finance minister, chose not to do so out of fear of public backlash before the May 2018 general election.

“Never has the BN government delayed updating the commission rates for more than 10 years, the longest before that was eight years, between 1994 to 2002,” PDAM said.

“When Najib did not act to save the industry, 150 petrol station operators were forced to close shop, indirectly affecting 1,500 to 2,250 workers who lost their income and the compounding effects towards their immediate families,” it added.

https://www.malaymail.com/s/1709617/fuel-dealers-fault-najib-for-shrinking-income-jobs-over-stagnant-commission?utm_source=Twitter&utm_medium=twitter

3 January 2019

PETALING JAYA: The government is set to unveil the mechanism to determine fuel prices today, and has revealed that the subsidies for RON95 and diesel between January and November last year totalled RM4.89bil.

Finance Minister Lim Guan Eng (pic) said for November alone, RM4.1mil was spent to subsidise RON95 and the diesel subsidy was RM209.1mil.

“The simple truth is that the government subsidised RON95 petrol and diesel in November, albeit at a lower cost than previous months.

“The government has neither profited from retail petrol pump prices nor imposed a sales tax on RON95 or diesel.

“Any allegations that the government has been taxing petrol are false and baseless,” he said in response to Rembau MP Khairy Jamaluddin’s claim that the Pakatan Harapan government sold RON95 at higher than market prices for six weeks between November and Dec­ember.

“The government profited at the expense of the people,” the former youth and sports minister had said.

He added that according to world market prices, the price of RON95 petrol should have been RM1.94 in the last week of December.
Read more at https://www.thestar.com.my/news/nation/2019/01/04/lim-rm489bil-spent-on-subsidies-for-ron95-and-diesel-last-year/#4OSkYQkb5goXqypm.99

30 December 2018

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SHAH ALAM: Petrol dealers say they have to resort to severe cost-cutting measures if the government persists with its weekly fuel price float, which goes into effect on Jan 1.

Petrol Dealers Association of Malaysia (PDAM) president Datuk Khairul Annuar Abdul Aziz said this includes letting go of employees as the minimum wage increase will also kick in that day and cutting stations open hours to 18 hours instead of 24 hours.

He said PDAM was against the weekly pri­cing mechanism as dealers would be exposed to the risks of oil price fluctuations.

“We are not against the price drop but the quantum is very big. As we don’t control our own stock, if prices go down we are left with more stock at midnight. Even if prices go up, the gain is not a lot,” said Khairul Annuar.

He said dealers had lost RM61mil in December 2014 and another RM30mil in March 2017 when the monthly and then weekly floats were introduced respectively.

“The current disparity is RM0.30 per litre for RON 95, which means an estimated Rm42mil on Jan 1,” he said.
Read more at https://www.thestar.com.my/news/nation/2018/12/30/petrol-dealers-in-a-tight-spot/#iAksFiYcQu6TQk71.99

PUTRAJAYA, Dec 26 — The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) has given the assurance that there is an adequate supply of gasoline and diesel for sale daily throughout the country.

Its secretary-general Datuk Seri Jamil Salleh said both petrol and diesel were available, denying claims that consumers might face difficulties in getting both fuels by January 1 adding that both fuels were scheduled control items under the Control of Supplies Act 1961 since June 1975.

“Therefore, the government will ensure that the supply of scheduled goods is always on the market and easily accessible to consumers at all times,” he said in a statement here today.

Yesterday, president of the Bumiputera Petrol Dealers Association of Malaysia Datuk Abu Samah Bachik had claimed that consumers were worried about getting petrol and diesel as all storage tanks at petrol stations were expected to be dry by January 1, 2019.

He was reported to have said this was because of the reluctance of petrol station operators to increase storage in their tanks by the end of this month.

Finance Minister Lim Guan Eng had previously said in a statement that the government would adjust and reduce the retail price of petroleum products, including RON95 from January.

Jamil said that as a retail licensee of petrol and diesel under the Control of Supply Regulations 1974, it was compulsory for petrol station operators to comply with the licence terms and to ensure that the supply of petrol and diesel were available and sufficient for daily sale.

“Among the other conditions, the licensee was also not allowed to close the station, or to discontinue the sale of petrol/diesel fuel without permission,” he said.

“The failure of the station operator to comply with any of the conditions is an offence under Regulation 21 of the Supply Control Regulations 1974 and punishable under Section 22 of the Control of Supplies Act 1974.

“If convicted, a fine of up to RM1 million or three years’ jail or both can be imposed for the first offence, or a fine of RM3 million for the second offence and an imprisonment of up to five years or both,” he explained.

Jamil said that KPDNHEP enforcement officers would monitor and inspect the stations from time to time to ensure that fuel supply was sufficient for the public.

Complaints can be made to the ministry through the portal e-complaint KPDNHEP or e-mail complaint e-aduan@kpdnkk.gov.my or via Ez ADD KPDNHEP (smartphone app) or via WhatsApp application to 019- 279 4317. — Bernama

https://www.malaymail.com/s/1706487/ministry-petrol-stations-will-not-run-dry-by-jan-1

12 December 2018

zzzpetrol.png

https://www.comparehero.my/blog/latest-petrol-price-ron95-ron97-diesel

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A YEAR AGO WHEN BN WAS THE GOVERNMENT

4m4 minutes ago

*RASMI !* Mulai 30 Nov 2017 – 6 Dis 2017. Harga runcit Petrol dan Diesel adalah seperti yang berikut : RON95 : *KEKAL* (RM2.30 seliter) RON97 : *KEKAL* (RM2.58 seliter) DIESEL : *NAIK 2 SEN* (RM2.25 seliter
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petttt

PUTRAJAYA, Dec 10 — The government will ensure the price of RON95 petrol for consumers who are not eligible to receive targeted subsidies, won’t see a huge hike once it is floated based on the market rate.

Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail said this was because a huge margin increase would have a direct impact on the Consumer Price Index (CPI), thereby causing inflation.

“Say on the first day of execution (of the floating price system), the price difference is 30 sen. We do not want that to happen.

“Although it should be increased by 30 sen, it will be done gradually within a certain period of time, for example between six to eight months,” he said during a press conference after the ministry’s monthly gathering here today.

He said the ministry also gained insight from the Statistics Department which simulated the impact of rising fuel prices at a certain rate on the increase in CPI, in order the set fuel prices.

Asked whether the fuel prices would be set weekly or monthly as was done by the previous government, Saifuddin said the matter was still being discussed with the Finance Ministry

“Previously it was decided on a weekly basis. We have received a lot of feedback from the petrol dealers and oil companies and also the public (on the matter).

“So we have to look into it as a whole to decide what would be the best format,” he said.

https://www.malaymail.com/s/1701930/govt-to-ensure-ron95-price-will-not-shoot-up-once-floated

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Govt spent RM3.21b on fuel subsidies from May to September

KUALA LUMPUR: The Pakatan Harapan (PH) government has spent RM3.21 billion on fuel subsidies from May to September this year, says the finance ministry.

In a written reply to a question by member of Parliament for Sarikei Wong Lin Biu it said the government spent RM1.97 billion and RM1.24 billion on RON95 petrol and diesel subsidies respectively.

Wong had asked how much the government had spent to maintain RON95 and diesel prices at RM2.20 and RM2.18 per litre respectively since it took over the administration on May 9.

At the tabling of Budget 2019, Finance Minister Lim Guan Eng had announced targeted fuel subsidies for Bottom 40 (B40) households which will begin from the second quarter of 2019.

The targeted fuel subsidies will be applicable to cars with engine capacities of 1,500cc or less, and motorcycles of 125cc or below.

As part of the subsidy, eligible car and motorcycle owners can enjoy up to 100 litres and 40 litres respectively of RON95 petrol per month.

The subsidy covers at least 30 sen per litre, subject to the market price of petrol.
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http://www.theedgemarkets.com/article/govt-spent-rm321b-fuel-subsidies-may-september

11 December 2018

zzzron95.jpg

13 November 2018

Guan Eng: Luxury cars not eligible for targeted petrol subsidy

KUALA LUMPUR (Nov 13): Finance Minister Lim Guan Eng said today luxury car owners will not receive petrol subsidies from the government as announced under Budget 2019 even though their vehicle engines have capacities of 1,500cc and below.

After receiving feedback on the petrol subsidy proposal, Lim said the government is currently reviewing and refining the mechanism as the implementation of the targeted subsidy will not only take into account the capacity of the car engine but also the car model.

“In other words, if there are luxury cars with engine capacity of 1,500cc and below, they will not be eligible to receive the targeted subsidies because the government will also consider the model and type of the cars.

“For example, luxury cars such as Mercedes, BMW, Land Rover, Audi or Volkswagen with 1,500cc engine capacity and below will not enjoy this targeted petrol subsidy. So there is no issue that luxury cars will also receive the targeted petrol subsidies,” Lim told the Parliament in a written reply.

Lim was answering a question by Baling MP Datuk Seri Abdul Azeez Abdul Rahim, who had earlier asked Lim to state whether the government plans to reduce prices of RON95 and RON97 petrol in the near future.

In response, Lim said the government will implement the floated price for RON95 in the market based on the automatic price mechanism (APM). Along with this, a targeted subsidy will be implemented for owners of cars with engine capacities lower than 1,500cc. The market price for RON97 will also be floated but will not be subsidised as it is considered premium petrol.

“Through this petrol subsidy system, the government will provide RON95 petrol subsidies of 30 sen per liter to 100 liters per month for cars or 40 liters for motorcycles. The new mechanism is expected to begin in the second quarter of 2019. RM2 billion has been allocated [in the budget] and is expected to benefit 4 million car owners and 2.6 million motorcycle owners,” Lim said.
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http://www.theedgemarkets.com/article/guan-eng-luxury-cars-not-eligible-targeted-petrol-subsidy

The government has been urged to introduce a targeted fuel subsidy initiative in the upcoming 2019 Budget to tackle the possibility of higher world petrol prices next year.

Federation of Malaysian Consumers Association (Fomca) deputy president, Mohd Yusof Abdul Rahman, said an increase in fuel prices may force the government into raising the retail price of RON95 petrol, which could have a big impact as it would drastically raise the cost of living for the people.

He said one way to reduce the impact would be via a targeted fuel subsidy, which needs to be introduced in the 2019 Budget.

“We understand the challenges faced by the government in terms of finances. But the main focus has to remain on reducing the people’s cost of living.

“If there is a review of fuel prices next year, it could have a major impact. A targeted subsidy is the right initiative to reduce this impact as it would only be given to those who truly deserve it,” he said.

Mohd Yusof said the government would be wise to continue several initiatives and incentives undertaken by the previous administration such as the 1Malaysia People’s Aid (BR1M) and Klinik 1Malaysia, which he said greatly benefits the people.

Fomca, he said, also hoped that education scholarships would be retained, including the MyBrain15 programme.

On the possibility of the government introducing new taxes, Mohd Yusof said this has to be imposed only on the high-income earners in order to not burden those from the lower and middle-income groups.

“Any new tax should not burden the people. These include soda tax, digital tax as well as environment tax,” he said, adding that he hoped the government would not reduce allocations for the healthcare sector. Source: NST PWKD30102018

Last modified onWednesday, 31 October 2018

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