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Jakarta Post

Pertamina cuts fuel prices for industry by 14.5% average

  • Alfian

    The Jakarta Post

Jakarta   /   Sat, November 15 2008   /  10:59 am

State oil and gas company PT Pertamina has cut the prices of fuels sold to industries by an average of 14.58 percent following a decline in global oil prices. Effective today, the price of gasoline for industries dropped 22 percent from the last price on Nov. 1. The price of kerosene was cut by 8.6 percent, industrial diesel oil by 7.2 percent, high speed diesel (HSD) by 8.8 percent, boiler diesel fuel (diesel V10) by 12.3 percent, and marine fuel oil (MFO) by 28.6 percent, the company said in a statement Friday. In Greater Jakarta, gasoline dropped to Rp 6,600 (57.39 U.S. cents) per liter, kerosene to Rp 7,409.82 (64.43 U.S. cents) per liter, diesel to Rp 6,951.41 (60.44 U.S. cents) per liter, HSD to Rp 6,473.72 (56.29 U.S. cents) per liter, Diesel V10 to Rp 5,879.72 (51.12 U.S. cents) per liter and MFO to Rp 4,022.59 (34.98 U.S. cents). All these prices in...