Fuel Prices Malaysia - Revision history

Ranisha at 16:12, 15 July 2014

2014-07-15T16:12:35Z

Armin Wagner at 13:24, 27 February 2013

2013-02-27T13:24:35Z

Armin Wagner at 10:30, 25 February 2013

2013-02-25T10:30:45Z

Tai Becker: Protected "Fuel Prices Malaysia" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

2012-12-04T10:47:00Z

Protected "Fuel Prices Malaysia" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

Ingmar Schlecht: 1 revision

2012-12-02T17:35:19Z

1 revision

Ingmar Schlecht: Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

2012-11-14T16:49:14Z

Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

New page

{{Fuel Price Factsheet
|Fuel Price Country=Malaysia
|Fuel Currency=MYR
|Fuel Price Exchange Rate=3.13
|Fuel Price Exchange Rate Date=2010/11/17
|Fuel Price Last Updated=2011/05/01
|Fuel Price Composition=GIZ_IFP2012_Malaysia.png
|Fuel Price Composition Fuel Type=Gasoline 95 Octane
|Fuel Price Composition Date=2011/05/15
|Fuel Price Composition Annotation=As for an assumed MOPS95 market price of 74 US-Cents/litre and a retail pump price of 1.90 MYR

(*Alpha works as a „purchasing buffer“ for the oil companies, i.e. a market price of 0.05MYR over the MOPS price is defined as the calculatory purchasing price.)

(**Can (theoretically) be a fuel tax in times of low purchase prices and costs.)

Source: http://paultan.org/ (following a publication of the Domestic Trade and Consumer Affairs Ministry, Domestic Trade Division in summer 2009).
|Fuel Pricing Policies=To stabilize fuel prices, the Malaysian government introduced a fuel pricing mechanism in 1983. According to this pricing formula, the pump price may be subject to subsidies of a maximum of MYR 0.5862 for petrol and MYR 0.1964 for diesel. In times of low actual costs, however, there might also be a taxation within the same ranges. The idea was some sort of a slate calculation, so that prices can remain constant over longer periods. However, during the last years, the government continued to subsidize gasoline and diesel. As of May 2011 (see 2.), the subsidies reach almost the legal maximum for 95 octance gasoline. (Thus, the price for 95 octance gasoline is anticipated to rise again in June 2011. Otherwise, the government stated, an additional need of 4 Billion Ringgit arises from the (higher) subsidies, →see App. A4).

In July 2010, the government cancelled subsidies for premium gasoline (97 octane). Since then, the 97-octane price is more volatile, directly following the international market price. Also, the government stated in July 2011, that following the so-called „gradual subsidy rationalisation programme“, fuel subsidies have to be reduced and finally cancelled on the long term in order to save national budgets (→see App. A3).

The Domestic Trade Division (part of the Ministry of Domestic Trade and Consumer Affairs) supervises fuel pricing in Malaysia. The ministries website (http://www.kpdnkk.gov.my/, in Malaysian language) offers some information regarding the downstream fuel sector (e.g. information for market actors) and legal information. However, information on (historic and current) fuel prices and on the pricing mechanism could not be found.
|Fuel Matrix Price Level=1.5
|Fuel Matrix Pricing Mechanism=1.5
|Fuel Transparency Price Composition=1
|Fuel Transparency Pricing Mechanism=1
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Other Information
|Fuel Price Factsheet Source Link=http://www.kpdnkk.gov.my/
}}

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 |Fuel Price Factsheet Source Link=http://paultan.org/2009/02/15/how-fuel-prices-are-calculated-in-malaysia/
 |Fuel Price Factsheet Source Annotation=A5
 }}

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 {{Fuel Price Factsheet
 |Fuel Price Country=Malaysia
@@ Line 24: / Line 25: @@
 |Fuel Transparency Price Composition=1
 |Fuel Transparency Pricing Mechanism=1
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://www.kpdnkk.gov.my/
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://paultan.org/2011/05/04/ron97-fuel-rm2-90-per-liter-as-of-5th-may-2011/
 |Fuel Price Factsheet Source Annotation=A1
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://www.fastmotoring.com/index.php/2010/07/fuel-price-ron95-rm1-85-ron-97-no-subsidise/
 |Fuel Price Factsheet Source Annotation=A3
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://www.themalaysianinsider.com/malaysia/article/extra-rm4b-in-subsidies-if-petrol-price-not-adjusted-says-najib
 |Fuel Price Factsheet Source Annotation=A4
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://paultan.org/2009/02/15/how-fuel-prices-are-calculated-in-malaysia/
 |Fuel Price Factsheet Source Annotation=A5
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Pump prices and margins
 |Fuel Price Factsheet Source Link=http://blog.galvintan.com/malaysian-fuel-price-history/
 |Fuel Price Factsheet Source Annotation=Historic prices 2000 - 2012
 }}