Government to reduce RON95 price to RM1.99 per litre, requires MyKad for verification

The price for RON95 petrol in Malaysia will be reduced to RM1.99 per litre. The price reduction was revealed as part of Prime Minister Anwar Ibrahim’s special announcement earlier today.

As a comparison, the pricing for RON95 petrol at the moment is RM2.05 per litre. The new price will be implemented before the end of September 2025.

Prime Minister noted that the new pricing is only for Malaysians and the verification will be done using MyKad. The move is expected to benefit 18 million citizens including youth as young as 16 years old which is the minimum age for a driving license.

Those who are not eligible for the subsidised petrol price, such as foreigners and foreign vehicles, will have to pay the market rate, which is currently around RM2.50 per litre. Further details regarding the implementation of the new RON95 policy are expected to be revealed in the coming days or weeks.