Petronas wants gas hike September 18, 2007
Posted by elizabethwong in Economy, Malaysia, Note2Self, Politics.6 comments
There’s been increasing pressures to hike the price of diesel and now, Petronas wants to reduce subsidies to natural gas to the local industry.
Crude oil has gone up as high as USD 80/barrel.
While the government has promised there will not be any fuel price hike in 2007, there’s only 3 months left to the year. Most likely after General Elections.
