Govt to restrict subsidized fuels for owners of luxury cars
Alfian, The Jakarta Post, fuel, subsidy, luxury, cars | Fri, 03/12/2010 8:04 PM
Private owners of luxury cars will soon be prohibited from using subsidized fuels, under a planned restriction by the Energy and Mineral Resources Ministry.
Minister Darwin Zahedy Saleh hinted at the plan Friday, but declined to say what type of vehicles constituted luxury cars.
“We’re heading toward [implementing the policy],” he said.
“Private owners of cars of a certain classification are not supposed to receive the subsidy. We’ve begun designing and testing the policy.”
Subsidized fuels currently available to all car owners include Premium gasoline and diesel, sold at gas stations run by state-owned oils and gas company Pertamina.
Both fuels sell for Rp 4,500 (49 US cents) a liter, while the non-subsidized, higher-octane Pertamax sells for Rp 7,100 a liter in Greater Jakarta.