Targeted fuel subsidy mechanism ready soon, to use engine capacity data from JPJ – KPDN minister

March 9, 2023

Dateline 2022-12-27, Paul Tan:

Vehicle engine capacity data from the road transport department (JPJ) will be among the resources used by the Malaysian government in the creation of the targeted fuel subsidy mechanism in order to determine which users are eligible for the future targeted fuel subsidy which is almost ready, reported Bernama.

According to domestic trade and cost of living minister Datuk Seri Salahuddin Ayub, the ministry has discussed the matter with the ministry of finance, the economy minister Rafizi Ramli and the JPJ, according to the report.

“In terms of the data, they are almost ready to be forwarded to the prime minister on how we can implement this targeted subsidy,” Salahuddin said, adding that the JPJ database can identify those who are eligible for the targeted subsidy based on the engine capacity of the vehicle they own.

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Rafizi’s day in court will put Sapura Energy under scrutiny

August 8, 2022

Dateline 2022-06-05, FMT:

Former Sapura Energy Berhad CEO Shahril Shamsuddin, upset with remarks by Rafizi Ramli, has taken the former Pandan MP to court.

Rafizi had issued the statements because he disagreed with Najib Razak’s suggestion on March 21 that the government inject funds to save Sapura Energy.

He said he would defend his remarks about Shahril’s remuneration in court, adding that what he had said was to “protect public interest”.

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I disagreed with Dr M’s Sapura bailout during PH rule, Rafizi tells Najib

May 10, 2022

Yes, Mr Incoming PM.

Dateline 2022-04-06, FMT:

KR vice-president Rafizi Ramli says he had disagreed with the Pakatan Harapan government’s decision to bail out Sapura Energy Bhd through the injection of funds from Permodalan Nasional Bhd (PNB) in 2019.

The former Pandan MP said he had no influence or position in the PH government but had spoken out against several decisions made by then prime minister Dr Mahathir Mohamad.

“I had disagreed with the decision by the Dr Mahathir Mohamad-led PH government to inject PNB funds to save Sapura,” he said in a statement today.

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Fuel subsidies back on Putrajaya’s card, Rafizi predicts

January 14, 2018

Dateline 2017-11-21, Malay Mail:

Will we see a return of fuel subsidies in the next few weeks? PKR’s Rafizi Ramli thinks so.

The Pandan MP said today after the Finance Ministry’s recent statement on fuel price, any government intervention would mean reverting back to a fixed price for fuel and going back to subsidies.

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MPs petition Petronas to quit Myanmar over treatment of Rohingya

December 21, 2017

Y’all oilers, where do you stand? This isn’t related to Malaysia waters, but a news item that should put you on a side of the fence. Anyhow, go give support. Now. Run.

Dateline 2017-11-08, FMT:

Forty-seven opposition MPs have petitioned Petronas urging the national oil corporation to pull out from Myanmar until its government recognises the rights of the Rohingya.

PKR’s Pandan MP Rafizi Ramli, who spoke for the group, said they had written to Petronas chief executive officer and president Wan Zulkiflee Wan Ariffin seeking a meeting to discuss the issue.

“Petronas has invested in several projects in Myanmar. However, only the Yetagun gas field in the Andaman Sea is in production.

“Petronas took up a stake in the project after an American investor withdrew,” he told a news conference in Parliament today.

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Rafizi: Sarawakian quota in Petronas does more harm than good

September 8, 2016

Dateline 2016-08-05, FMT:

PKR lawmaker Rafizi Ramli believes introducing quotas for Sarawakians in Petronas’ operations in Sarawak will do them more harm than good.

Referring to Sarawak DAP chairman Chong Chieng Jen’s suggestion yesterday that Petronas have a 70 per cent quota of home-grown management and middle management staff in the state’s operations, Rafizi said he understood the sentiments of Sarawakians, but imposing such quotas could be detrimental to the staff.

“All Petronas executives are taken from the company’s headquarters and reassigned to the various units and subsidiaries around the world, as the oil company’s operations covered upstream, gas, Liquefied Natural Gas (LNG), oil refineries, petrochemicals, and downstream activities, such as marketing and international trade.

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Change fuel pricing from USD to ringgit, Putrajaya told

November 19, 2015

Putrajaya gets told a lot, don’t you think?

Dateline 2015-10-13, TMI:

Pakatan Harapan today urged Putrajaya to revamp ‎the formula to determine local fuel prices by switching the reference currency from the US dollar to the ringgit. This, they said, would protect Malaysians from high fuel prices because of the continuous drop in the val‎ue of the ringgit in recent months.

“The formula to determine the actual true and fair price of fuel is the cost of crude oil and its processing to refine it to RON95 added with the guarantee of profit to oil companies,” Rafizi Ramli, who is PKR secretary-general, said in a press conference today

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Malaysians paid over RM1b in hidden fuel taxes since December, MP claims

April 5, 2015

And the problem of hidden fuel taxes is?

Dateline 2015-01-30, Malay Mail Online:

Malaysians have unknowingly paid more than RM1 billion in taxes to Putrajaya over the past two months as pump prices remain on a controlled float, an opposition lawmaker claimed today.

PKR’s Pandan MP Rafizi Ramli alleged that road users across the country have been paying above market price for the commodity, even after the complete removal of subsidies, due to the plunge in global crude oil prices.

“Because the rakyat continue to pay higher than market price, Barisan Nasional received a windfall by collecting petrol tax without announcing it to the rakyat,” he said in a statement, referring to the ruling coalition.

“For the month of January 2015, the rakyat paid RM307 million in petrol taxes for RON95 and RM209 million for diesel,” he added.

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Rafizi to fight for viable retail oil industry

March 17, 2015

Why the long faces? Oil prices go up and down. When they go back up to USD100 this 2H2015, will there be an outcry from the retailers?

Dateline 2015-01-08, FMT:

Pandan MP Rafizi Ramli has warned that profit margins in the retail oil industry are being squeezed between advance purchases of oil by station owners, reduction in pump prices at monthly intervals as the oil market declines, and government taxes.

He called for pump prices to be fixed on a weekly basis and station operators be allowed to collect petrol and diesel supplies on a consignment basis as the practice is elsewhere in the world.

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Float system profits oil companies at the expense of the people, says Rafizi

February 7, 2015

Weren’t dealers complaining recently that they were not making enough money?

Dateline 2014-11-24, The Malaysian Insider:

The government’s move to scrap the fuel subsidy and base the prices of RON95 petrol and diesel on a managed float system starting next month means that the rakyat will have to bear the extra burden of guaranteeing the profits of oil companies and petrol dealers, a PKR lawmaker said today.

Party secretary-general Rafizi Ramli said this was because under Malaysia’s version of the managed float system, about 30 sen was padded into the per litre cost of petrol and diesel, which was for profits guaranteed to oil and gas companies and petrol dealers.

This covers their costs of transportation, distribution, marketing and operations and also protects them from global price fluctuations.

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