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Malaysia: Panic Buying in Sabah

Print E-mail
Friday, 27 June 2008
Petrol retail service stations were packed with motorists earlier this week as panic-buying of fuel was seen throughout Sabah over rumours of petrol retail service stations closing down for three days.

The panic was triggered by rumours that petrol kiosk will shut down from  because protesting kiosk dealers nationwide were demanding higher commissions following the recent fuel hike.

Officials from Shell Malaysia and the Sabah Petroleum Dealers Association stressed that there was no truth to the rumour, and urged people not to resort to panic buying. "We were told that petrol kiosks were going to close for three days. I rushed from my office to fill my tank," said motorist Abdul Rashmin Salleh, who said there were also rumours of further price hikes.

Most petrol retail service stations and roads approaching them were crowded as people waited in long queues to get their tanks filled up; traffic in the city centre came to a standstill during the office rush hour.

In some areas like interior Keningau, queues were as long as 2km resulting in the natural closure of the site as the site ran out of supply. "Shell retail stations nationwide continue with normal operating hours," a Sabah Shell spokesman said in a statement.

PetrolWorld 260608 

 
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