TUMPAT: The government estimates that over RM250mil in diesel leakage has been prevented from smuggling or misappropriation at petrol stations along the Peninsular Malaysia borders since targeted subsidy measures were implemented on June 10.
Finance Minister II, Datuk Seri Amir Hamzah Azizan (pic), stated that diesel sales decreased by 23% or 6.5 million litres daily, while commercial diesel sales increased by 4.8 million litres daily.
"Now, with the petrol station price set at RM3.35 per litre, the industries have shifted to buying commercial diesel,” he told reporters after a working visit to the Immigration, Customs, Quarantine and Security (ICQS) Complex in Pengkalan Kubor on Sunday (July 14).
"Petrol stations near the northern border have also experienced a 40% to 50% drop in sales," he added.
Amir Hamzah also said that government agencies would continue to prevent diesel leakage and urged the public to assist authorities. – Bernama