RON 95 will save the government about RM33 Million.Read the full news from Bernama below.
GOVERNMENT TO SAVE RM33 MILLION SUBSIDY WITH RON95.
The government expects to save RM33 million in subsidy per year with the use of RON95 fuel, the Domestic Trade, Cooperatives and Consumerism Ministry said on Wednesday.
Its Deputy Minister, Datuk Tan Lian Hoe said 80 per cent motorists were expected to switch to the new fuel priced at RM1.75 a litre.
She said this at the launch of Esso Malaysia Bhd and ExxonMobil Malaysia Sdn Bhd’s new fuel product line Synergy 5,000 which will replace the earlier Synergy regular which was the RON92.
The new fuel line consists of Synergy F1 (unleaded RON97 fuel) and Synergy Diesel.
Priced at RM1.75 per litre, the new Synergy 5000 fuel is already available in Kelantan, Terengganu, Pahang and Sabah and will be available in the Klang Valley from September 1.
Synergy 5000 will be progressively rolled out to Esso and Mobil service stations in other states in line with the government’s move to introduce the new fuel nationwide by Sept 1, 2009