Petaling Jaya: Petrol Dealers claimed many gas stations may be closed if petrol prices continue to fall, providing high losses as the reason.
Petrol Dealers Association of Malaysia president Datuk Hashim Othman said the decline in fuel prices has led dealers suffered losses of between RM20,000 and RM100,000.
If the decline is only a few cents, we can still deal with the loss. But now with a decrease of 35 per cent (petrol), we buy at high prices and sell them at lower prices.
If this continues to be carried out, many of us have to close down, he told The Star.
Prior to this, RON95 and RON97 each priced at RM2.26 and RM2.46 per liter, while diesel is priced at RM2.23 per liter.
The new prices, which began on Friday made RON95, RON97 and diesel respectively priced at RM1.91, RM2.11 and RM1.93.
President of the Employers' Association of Malaysia Petronas Petrol Station (kaproparea) Datuk Abu Samah Ibrahim worry petrol stations will be closed if the oil price will drop two to three times again.
All dealers in the country affected, none of us exception, he said.
Abu said dealers are discussing with the government on how to handle this problem.
Hashim was previously quoted as saying that the dealers should have the stock fuel for at least three days, adding that the operating license may be withdrawn if it is not complied with.
He said it was because of petrol and diesel has been regarded as essential items.
When asked to confirm rumors that the dealer has run out of supplies, Hashim on Thursday said the condition may be caused by other road users that hold fuel purchases until after the new price changes.
"Some (stations) run out of fuel because people are not buying gasoline until the end of this month. But when prices fall, everyone rushed out of oil, "he said.
Minister of Domestic Trade, Cooperatives and Consumerism Minister Datuk Hasan Malek confirms that the dealer has seen high losses due to the decline in gasoline prices.
Asked what the government will do, he replied, "Right now we're looking at what is happening, but we also had a meeting with oil companies and traders (about this)."
Fomca secretary-general Datuk Paul Selvaraj said significant price changes petrol stations had to deal with it, citing a decline in global crude oil prices.
No comments:
Post a Comment