Cnergy, a Singaporean petrol retailer, experiences a surge in new sign-ups, particularly from private-hire vehicle drivers, due to its competitive fuel prices amidst rising costs in the region. Long queues are observed at its outlets despite a recent price increase.
Cnergy has seen a high number of new sign-ups from private-hire vehicle drivers in recent days, said the CEO of its parent company Union Gas Holdings . Cnergy has three outlets in Singapore : Queensway, Dunman Road and Old Toh Tuck Road.
Add CNA as a trusted source to help Google better understand and surface our content in search results.SINGAPORE: Regulars and first-time customers continued to flock to Cnergy outlets around Singapore despite an increase in prices on Wednesday . Over the weekend, long queues were spotted at Cnergy outlet at Dunman Road, where member prices for 95-octane fuel and 98-octane fuel were S$2.35 per litre and S$2.65 per litre respectively. The company raised those prices by 5 cents a litre from Wednesday, with signs around Cnergy’s outlet at Old Toh Tuck Road notifying customers of the increase. Diesel prices remained at S$2.70 per litre. In comparison, drivers likely pay between S$2.70 to S$2.75 per litre of 95-octane fuel at Caltex, Esso, Shell, Sinopec and SPC after taking credit card discounts and relevant loyalty programmes into account, according to Motorist SG price tracker. Before discounts, Caltex, Esso, Shell and Sinopec are charging S$3.47 per litre for 95-octane fuel and SPC is charging S$3.46 per litre.It costs S$5 to be a Cnergy member. Cnergy has three outlets: besides Dunman Road and Old Toh Tuck Road, the third is at Queensway. Cnergy is owned by Union Gas Holdings. Mr Teo Hark Piang, chief executive officer of Union Gas Holdings, said Cnergy has seen a high number of new sign-ups from private-hire vehicle drivers in recent days.“As a homegrown company, we hope to do what we can to help the local motoring community cope with rising petrol prices during this period,” he said.Over the weekend, a long line of cars stretched outside Cnergy’s outlet at Dunman Road, past the entrance to Carpmael Road and a nearby bus stop. With prices still competitive on Thursday, CNA saw 17 cars lining up at the same outlet at around 11.30am.MP Goh Pei Ming said on Facebook that the sudden surge in vehicles and increased honking along Dunman Road has caused inconvenience and frustration to residents, pedestrians and motorists.He said the Land Transport Authority has drawn yellow box markings and expanded a bus bay to keep junctions clear and improve traffic flow along the main road.Another MP for the constituency, Ms Diana Pang, also said she has received feedback about the traffic congestion. She urged road users to keep to traffic regulations and exercise patience. Petrol prices in Singapore have shot higher following the conflict in the Middle East, with pre-discount prices rising nearly 60 cents per litre, according to data compiled by Motorist SG. A spokesperson told CNA that Shell offers a range of fuel savings and loyalty programmes, including through partnerships with banks, SAFRA and Home Team NS. “These have been in place to provide customers with consistent value regardless of market conditions,” the spokesperson said, adding that programmers are reviewed regularly to ensure they remain relevant.One driver, Ms Sarah Cheong, said she usually buys petrol from SPC, but read news reports about Cnergy’s lower prices. She happened to be near the Toh Tuck outlet for work and found that the queue was not too long around lunchtime. She paid S$97.37 for close to 40 litres of petrol, which would have cost around S$108 at SPC. Before the conflict in the Middle East happened, she said fuel prices were manageable and she did not consider switching to Cnergy. However, she now expects daily essentials as well as travel costs to increase. “Saving every dollar that I can save,” she said.A personal driver who gave his name as Kenny also said the higher petrol prices drove him to try Cnergy. He refuels his car around three times a week and used to be an Esso customer before visiting Cnergy at Queensway on Wednesday for the first time. Several other customers told CNA that they had already been purchasing petrol from Cnergy before the attacks on Iran. Mr Riduan Chumadi, who works in the energy industry, said he discovered the brand because he drove by one of the outlets near his home. Queues have been getting longer in recent weeks, he said, but added that the outlet at Toh Tuck was bigger and could accommodate more vehicles. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.
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