TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Fuel prices to remain unchanged this month

The government has decided to keep the retail prices for Premium gasoline the same, subsidizing diesel and kerosene in October, a ministry official has said.

News Desk (The Jakarta Post)
Jakarta
Sat, October 1, 2016 Published on Oct. 1, 2016 Published on 2016-10-01T14:17:36+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Motorists in line to refuel their vehicles at Cikini gas station in Jakarta on March 31. Motorists in line to refuel their vehicles at Cikini gas station in Jakarta on March 31. (ANTARA FOTO/Sigid Kurniawan)

News Desk

The government has decided to keep the retail prices for Premium gasoline the same, subsidizing diesel and kerosene in October, a ministry official has said.

Parlaungan Simatupang, the acting spokesperson for the Energy and Mineral Resources Ministry, said the government’s decision was based on its considerations of the nation’s economic situation, people’s purchasing power and social conditions.

“The government has decided not to change the selling price of specific types of fuels,” he said in a press statement on Friday.

Starting Oct. 1, the price of Premium RON-88 gasoline will be maintained at Rp 6,450 (50 US cents) per liter outside Java, Madura and Bali. Meanwhile, the price of subsidized diesel and kerosene prices will stay at Rp 5,150 per liter and Rp 2,500 per liter, respectively.

Previously, the ministry’s oil and gas director general, IGN Wiratmaja Puja, said that the government had planned to slash the price of subsidized Premium gasoline by Rp 300 per liter and increase the price of subsidized diesel by Rp 500 to Rp 600 per liter. The plan came about due to the decrease in global oil prices and the strengthening rupiah against the US dollar.  (win/ags)

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.