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Wednesday, January 2, 2019

Dr M meets petrol dealers ahead of Cabinet meeting

PUTRAJAYA: Five representatives of the Petroleum Dealers Association of Malaysia (PDAM) today met Dr Mahathir Mohamad to discuss on the concerns over the proposed weekly float of fuel prices.
PDAM president Khairul Annuar Abdul Aziz and four other representatives met with the prime minister for about 45 minutes at Perdana Putra here, before the weekly Cabinet meeting.
Khairul Annuar told reporters later that the meeting discussed the concern and proposals of the association on the issue.
“We discussed all our proposals and highlighted our concern. He seemed to be very understanding,” he said.
Mahathir had said the government would make a decision on the proposed weekly float of fuel prices at today’s Cabinet meeting after taking into account the views of fuel station operators.
“We are looking forward to that – until the decision is made by the Cabinet. Let the Cabinet decide first,” Khairul Annuar said.
Finance Minister Lim Guan Eng had announced on Dec 23 that petrol and diesel prices would be subject to a weekly float beginning Jan 1, 2019.
Following complaints from PDAM, he said on Dec 31 that the prices of RON97, RON95 and diesel would be retained at RM2.50, RM2.20 and RM2.18 per litre, respectively, in the first week of 2019 until the matter was sorted out.
PDAM had also asked the government to raise the fuel sale commission for fuel station operators to reduce any loss they might face due to the fuel price float. - FMT

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