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KUCHING: Petronas is expected to offer Natural Gas for Vehicle (NGV) at 200 of its stations throughout the country, including Sarawak and Sabah, by 2010.
“Petronas has given its commitment,” Deputy Minister of Science, Technology and Innovation Fadillah Yusof said yesterday.
“Hopefully, Petronas can go through with the masterplan for 200 stations with NGV by 2010, which will cost the conglomerate some RM1million to install NGV at each station,” he added
The state government and state Commercial Vehicle Licensing Board (which Fadillah used to lead) had been making the request since last year.
NGV is sold at only 70 sen per litre, which makes it the cheapest form of energy, even if a RM6,000 modification for each vehicle is required. NGV has been available in West Malaysia for years now, and is mostly consumed by taxi operators.
Following the June 4 fuel price hike, a group of three taxi associations in the state has grown vocal on the matter. They told a press conference here recently that NGV would offer ‘long term benefits’ to the transportation industry.
“Local MPs will continue to debate on the matter during this session of Parliament. We want Petronas to offer NGV in Sarawak and Sabah as a form of corporate social responsibility.”
In reality, Petronas will incur considerable losses for every litre of NGV that it sells because 70 sen per litre of gas is way below the market price.
Asked if there were indications Petronas might increase NGV prices as part of the expansion exercise, Fadillah said it was probable.
“Although the government has said that the present fuel prices will r
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