New Petrol Introduced RON95
We not got new petrol grade today. No more RON92 in the market but only RON95 and RON97. In April last year, the then Domestic Trade and Consumer Affairs Minister Datuk Shahrir Samad said the Government was considering the use of petrol with higher research octane number (RON) to reduce fuel subsidies without hurting the lower-and-medium income groups.
RONS95 is met EURO2M specification, which is less polluting. With this new RON95 in the market, RON92 has been phased out as its usage was only 5% of the total petrol sales in the country.
The new price for our petrol is as follows :
- RON95 : RM1.80
- RON97 : RM2.05 (upgraded as a premium product)
Domestic Trade, Co-operative and Consu-merism Minister Datuk Seri Ismail Sabri Yaakob said the new prices were decided based on the current automatic pricing mechanism and the government subsidising 33.81 sen per litre (of RON95) which is equivalent to RM304mil monthly and RON97 for 42.72 sen per litre.
The cost for RON95 went up 102% from US$40.75 (RM143.79) per barrel to US$82.30 (RM290.40) in December last year and in August respectively.
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have tried and feel that RON95 is really a good product unfortunately not many petrol station take the advantage quickly. saw a few station already had yellow color pump head cover but people would be glad to see more of them in the near future…