It’s all going according to plan, as announced last year, for B5, which is a blend of 95% regular petroleum-based diesel and 5% palm oil-based biodiesel. The minister told reporters last Fri that the programme will be introduced in stages, starting from Putrajaya, before its full implementation at all petrol stations nationwide.
He added that B5 blend’s price mechanism will be regulated and determined by the Finance Ministry. “The price will not burden the people and the Government will ensure that it will be affordable to everyone,” he was quoted as saying.
The introduction, of course, follows on the recent announcement that the super subsidy on regular diesel is to be removed, meaning everyone – including those running commercial vehicles – will have to pay the same RM1.80 per litre for regular diesel.
© 2011 Paul Tan's Automotive News. All Rights Reserved.
This story originally appeared on Paul Tan's Automotive News on Mon, 23 May 11 04:18:25 +0000.
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