Petronas Dagangan Bhd says in close communication with Finance Ministry on fuel subsidy bills

May 18, 2022

Dateline 2022-04-25, The Star:

Petronas Dagangan Bhd (PDB) is in close communication with the Ministry of Finance on the increase of fuel subsidy bills amid the rising global crude oil prices.

PDB managing director/chief executive officer Azrul Osman Rani said PDB understood the current predicament with the higher crude oil prices impacting Malaysia and other nations.

“If we look at Thailand today, we are looking at RON95 equivalent to RM5 (per litre). In Singapore, it is close to RM10 (per litre).