RON95 subsidy to remain KUALA LUMPUR: The price of RON95 petrol will remain at RM1.90 per litre for now as the Government has no intention of reducing or removing the subsidy, said Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob. He said most Malaysians were not affected by the petrol price increase since only 10% used RON97, which is not subsidised by the Government. "Don't worry, we will still maintain (the subsidy) for now," he said after launching the Perfect Livin '12 exhibition here Thursday. The global rise in oil prices pushed the subsidy for RON95 petrol up by 10 sen to RM1.03 per litre in March.
Please let me make it clear. Is the actual price for RON95 is RM2.93 a liter in March and RON97 is RM2.80 a litre? If RON97 from April is RM2.90 a liter what is the actual price for RON95 or what is the actual subsidy being paid? REMEMBER that RON97 is not subsidized by the Government. Are we paying higher than we suppose to?