From the NST: Unlikely Petrol Price Change

February 17, 2009

To increase my readership, I’ve decided to take some words from the New Straits Times, dateline 2008-02-14:

Petrol and diesel prices are not likely to change as there is no significant change in world crude oil prices.

Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad said the ex-refinery prices of fuel remain high although the price of crude oil had gone down.

“As such, if we use the crude oil price as the indicator to lower fuel prices, this mean we would be giving out more subsidy,” Shahrir said at the Natural Gas Vehicle (NGV) Carnival organised by the Johor NGV Users Association here today. “We have already subsidised 30 sen a litre. If we are to lower fuel prices again, we will have to spend more for subsidy. Previously, there was no problem to base the pump prices of fuel on crude oil price. This is because the crude oil price is moving in tandem with the ex-refinery prices. Now, it is no longer the case.”

You can subscribe to an online version of the paper at the Bluehyppo site, follow links to e-browse.

BTW, what do you do at the NGV Carnival? Rides on NGV fairground attractions? Win a NGV conversion unit during the raffles? Eat NGV themed delicacies? Or does it look like any other (add generic name here) carnival?

1 Comment | Malaysia, oil and gas | Tagged: , , , | Permalink
Posted by Wata

Article ‘Kenapa BN Mahu Sangat Rampas Kelantan’ – Take 3

April 1, 2008

Continuing my expansion of the above article, I thought I would comment on the map that is displayed in the article.

Peta rangkaian hidrokarbon Semenanjung Malaysia

First thing I would like to point out is that the author says the green and blue line represents an oil transportation system.

At the moment, peninsular Malaysia has no oil transportation system. And there are no plans to have a consumer level transportation system (i.e. from refinery to distribution centre, to being piped into petrol stations and the like).

However, the blue line can be said to represent the Peninsular Gas Utilization (PGU) routing. To quote from the website:

“Through its listed subsidiary PETRONAS Gas Bhd, PETRONAS has since 1984 been implementing the three-phase Peninsular Gas Utilisation (PGU) project, an infrastructure development project to process and transmit natural gas fed from the fields offshore Terengganu to end-users in the power, industrial and commercial sectors. The entire PGU system now spans over 1,700km, comprising main gas transmission pipelines, supply pipelines and laterals.”

Peta PGU

That covers the blue pill. Let’s chat about the green pill some other time.

10 Comments | engineering, Malaysia, oil and gas | Tagged: , , , , , , | Permalink
Posted by Wata

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