Malaysia: Petronas Dagangan Positive on Fuel Consumption
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Thursday, 13 March 2008 |
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Petronas Dagangan Bhd, does
not see a slowdown in petrol consumption in Malaysia despite the high
global prices. “I think the people have got used to the high price and has built it
into their everyday spending,” said Petronas Dagangan senior general
manager Md Fadzlan Abdul Samad.
He said the world economy is still strong despite high
crude oil prices. “It does not dampen demand. If there is, it certainly
does not affect
the prices,” he told reporters after presenting prizes to Petronas
Super Car Craze Contest winners.
“The prices at the pumps are fixed by the government,” he said. Md
Fadzlan said Petronas Dagangan is doing its bit to reduce the
public’s burden by offering economically-viable superior products like
the Primax 3.
“It offers better mileage,” he said.
Md Fadzlan said Petronas Dagangan plans to set up 50 petrol stations in
the 2008 financial year ending March 31, 2009. “Each petrol station
will cost between RM3 million and RM5 million
while hyper-station outlet between RM5 million and RM8 million each,”
he said. By year-end, Petronas Dagangan is expected to operate 950
outlets from 888 at present.
PetrolWorld 120308
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