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Jakarta Post

Pertamina struggles to put policy into action

  • Viriya P. Singgih

    The Jakarta Post

  /   Wed, June 7 2017   /  12:13 am

State-owned energy giant Pertamina has been struggling to realize the government’s plan to introduce a fixed fuel price across the archipelago amid mounting burdens from subsidy programs. Pertamina has claimed that, as of May, it had been able to fully implement the one-price fuel policy with the establishment of fuel distribution agents in 21 locations nationwide, including 10 in Papua and West Papua, both of which are included in the so-called "3T regions," referring to the country’s frontier, outermost and remote regions.As a result, the company said that prices of its subsidized gasoline Premium, which has a research octane number (RON) of 88, and subsidized diesel Solar have now dropped to Rp 6,450 (49 US cents) per liter and Rp 5,150 per liter, respectively, from a previous retail price that could have reached Rp 100,000 per liter.The company aims to establish four more distrib...