Shell announced today that it will progressively phase out its
Formula 92 petrol from stations island-wide.
This will be completed by the end of next month (June).
General Manager for Retail Sales and Operations for Shell
Eastern Petroleum, Henry Chu.
"Most consumers prefer 95 octane and 98 octane fuels, and taking
away the octane 92 will allow us more space in the stations to
provide the 95 and 98."
About five percent of Shell's customers still use Formula
92.
Mr Chu also said that although the 92-Octane petrol is the
cheapest, it's not necessarily the smartest choice.
"Most of the cars in Singapore are tuned to run efficiently on
Octane 95, and if you're pumping Octane 92 into your car, your car
would need to use more fuel to to reach that optimum level."
In contrast, rival Caltex had launched its own version of
92-octane petrol less than two months ago.
This was done as a cheaper fuel alternative for motorists.
Currently, 92 grade petrol is priced at around $1.52 per litre
in Singapore.
95 grade petrol is now about $1.55 per litre with 98-grade
petrol going at about $1.64 per litre.
In an email response on is plans, Caltex says that sales of its
92-Octane fuel have been good since it was launched in March.
A spokesperson told 938LIVE that described the response as
'better than expected.'
The company had introduced the product in light of the poor
economic climate.
It has said that it is continuing to monitor the situation.
--938Live