These pumps will reportedly target borders with Singapore and Thailand, where many people drive across to fill-up on cheaper Malaysian fuel, reported the news source.
Malaysia’s deputy premier Najib Razak has announced this move, only a few weeks after the government has hiked retail fuel prices by 41% to reduce the oil subsidy bill. Malaysian petrol retails for MYR2.70, still cheaper compared to prices in neighbouring countries.
Mr Razak, as quoted by PetrolWorld, said: There are two benefits in using this system, in that foreigners will pay market rates for their petrol here and Malaysians will know what the real price of petrol is.
The news source reported that around 500 petrol stations within 50km of the country’s northern border with Thailand and southern border with Singapore will be affected. Petrol station attendants will reportedly ensure that cars with foreign registration plates fill up at new pumps.
