(EnergyAsia, April 28) — The Malaysian government said it has paid out an unexpected additional RM3.5 billion in fuel subsidy in recent weeks as a result of the sharp run-up in the oil price. (US$1=RM3.7). The increase has wiped out the bulk of the expected saving of RM4.4 billion in subsidy payments from the…
MALAYSIA: Additional RM3.5 billion in fuel subsidy paid out in recent weeks
Posted on April 28, 2006 by EnergyAsia