Now this is bizarre. Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor was reported by various newspapers to have mentioned that the subsidised price of RON 95 fuel, currently set at RM2.10 per litre, may soon be limited to “deserving Malaysians,” i.e. the poor.
As such, those deemed “undeserving” may only be eligible to use the unsubsidised RON 97 fuel instead, which is currently pegged at RM2.80 per litre. The new pricing policy may take effect as soon as May or June this year, though there’s no word yet on how it will be carried out and what constitutes “deserving Malaysians” in terms of their cars.
Adnan said that “we want to impose the increase to only those who can afford it. Someone may drive a (Toyota) Alphard or even a Mercedes but they still use RON 95 petrol. We will be implementing it now after we find a correct method of applying it.”
We wonder how this will affect the Euro 4 fuel introduction roadmap, and how diesel fuel fits into the new policy. Thoughts, anyone?