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 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)
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