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View all search resultsDMO-domestic-market-obligation
Business 7 years ago
Government mulls over imposing gas DMO to curb electricity rates
The Energy and Mineral Resources Ministry has proposed the issuance of a regulation to impose a price ceiling for natural gas, particularly for electricity plants, to help state-owned electricity company PLN provide affordable rates to its customers.
Business 7 years ago
Government cancels planned DMO on oil, says official
The Energy and Mineral Resources Ministry has canceled its plan to introduce the domestic market obligation (DMO) policy on oil. The planned policy was intended to help state-owned oil and gas company Pertamina purchase oil for the domestic market according to the state budget's assumption on Indonesian Crude Oil prices (ICP).
Business 8 years ago
Domestic coal price plan sparks negative sentiments in stock market
The Jakarta Composite Index (JCI) on Wednesday dropped by 2.03 percent to 6,368.27 as Energy and Mineral Resources Minister Ignasius announced the government’s plan to immediately decide a domestic coal price under the domestic market obligation (DMO).
Business 8 years ago
Energy minister signs decree on fixed domestic coal price
Energy and Mineral Resources Minister Ignasius Jonan has signed a decree on a domestic coal price fixed under the domestic market obligation (DMO), a move that is expected to ease the financial burden of state-owned electricity company PLN.
Business 8 years ago
Government told to carefully decide on domestic coal price
The Indonesian Geological Experts Association (IAGI) has urged the government to not hurriedly decide on domestic coal prices under the domestic market obligation (DMO) as a mechanism to help curb electricity rates, as demanded by state-owned electricity company PLN.
