LATEST NEWS   RON95 and RON97 retail prices down 25 sen, Peninsular diesel down 75 sen from April 16 to 22 - MOF | ITMAX System’s unit secures a RM603.5 mln variation order from the Johor Bahru City Council to enhance next-generation smart city capabilities | Tuju Setia's unit secures construction work from Sime Darby Property valued at RM359.3 million | 80 foreign nationals pleaded not guilty in the Tawau Magistrates’ Court to charges of involvement in online fraud on April 7 | Economy Minister Akmal Nasrullah to make a working visit to KL-Kepong Oleomas premises in Selangor this Saturday to observe the biodiesel blending process - Fahmi | 

Diesel Prices In Sabah, Sarawak And Labuan Kept At RM2.15, Lifeline For Daily Activities -- MOF

KUALA LUMPUR, April 15 (Bernama) -- The price of diesel in Sabah, Sarawak, and the Federal Territory of Labuan is maintained at RM2.15 per litre because diesel is not just fuel, but a lifeline for daily activities.

The Ministry of Finance (MoF) stated that the region, which is about 60 per cent larger than Peninsular Malaysia, coupled with challenging terrain, makes residents of Sabah, Sarawak, and Labuan more dependent on diesel.

The ministry noted that diesel is widely used in the region for electricity generation (generators) and economic activities such as transportation and fishing.

“The vast interior regions with challenging terrain limit road access; therefore, residents rely on water transport and heavy vehicles such as four-wheel drives.

"Electricity coverage and infrastructure are not comprehensive in some rural areas, so diesel becomes the main energy source for daily life," said the ministry in a post on its Facebook account today.

The MoF noted that diesel consumption is around two billion litres for the region, adding that the implementation of targeted diesel subsidies emphasises consumers’ needs and the principle of equality to ensure effective distribution to the people.

-- BERNAMA