RON95 petrol price in Malaysia to be reduced from RM2.05 to RM1.99 per litre starting 30 September

All Malaysian citizens with a valid driving license are eligible for the RON95 subsidy, while non-citizens and large companies will not be eligible.

The price of RON95 petrol will be reduced from RM2.05 per litre, to RM1.99 per litre for citizens, effective 30 September, through targeted subsidies under the BUDI MADANI RON95 (BUDI95) programme.

Announcing this on 22 September, and as cited by Bernama, Malaysia's Prime Minister Anwar Ibrahim said: "These benefits and privileges are given as an appreciation and recognition of the spirit of National Day and Malaysia Day, as well as to honour all Malaysians."

He added that effective the same date, non-citizens and large companies will no longer be eligible for the subsidy, as it is meant solely for personal use. Per the Bernama report, they will have to pay the non-subsidised price of about RM2.60 per litre, while Malaysian citizens will continue to receive the subsidised price of RM1.99 per litre.

All Malaysian citizens with a valid driving license are eligible for the RON95 subsidy and based on data from the Road Transport Department (JPJ) and the National Registration Department (JPN), it is estimated that more than 16mn people are eligible to receive the subsidy, according to the report.

As further reported, Malaysians are also eligible to receive a monthly BUDI95 of 300 litres, but e-hailing drivers can apply for a higher value.

Police and military personnel will be able to receive the subsidy from 27 September (Saturday), ahead of the official implementation date, while the B40 group, who are recipients of the Rahmah Cash Contribution, can enjoy the subsidised price from 28 September (Sunday). 

The Prime Minister also encouraged citizens to ensure their MyKad chips are functioning properly and that they hold a valid driving licence, as Malaysians will only need to use their MyKad to enjoy the subsidised price. 

"Only citizens with a valid driving license are eligible to receive the subsidy. So, for those who have yet to renew their license, please do so immediately," he was quoted as saying.

For those that are digitally literate, PM Anwar shared alternative payment options such as Touch ‘n Go and oil company applications like Petronas’ Setel, which eliminate the need to use MyKad for every transaction.

Ahead of the implementation, the Ministry of Finance shared some frequently asked questions in a Facebook post:

Q Do I need to bring my MyKad and driver's license if I want to fill up with RM1.99/ litre RON95 fuel?

No, you only need to bring your MyKad. Make sure that your driving license is not expired. 

Q When do I need to use MyKad when filling up with RON95 fuel? 

You will use your MyKad to check your eligibility at the beginning of the purchase process. 

 Q How do I pay if I want to fill up with RON95 fuel? 

You can make payments by cash, debit card, credit card, or use the Touch 'n Go eWallet app and selected Oil Company apps. 

Q Do we need to apply or register if we want to fill up with RON95 fuel?

You do not need to apply and register to fill up with RON95 fuel.

Q How do I check my eligibility with MyKad?

MyKad readers are available in-store or at the gas stations. If you are digitally literate, you can use the Touch n' Go eWallet app, or selected Oil Companies apps.

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