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View all search resultsPT Pertamina Patra Niaga president director Riva Siahaan directly participated in the inspection of the Tuban fuel terminal following the leakage of Pertamax fuel within the terminal area. Riva gave an assurance that the leakage had been addressed and hoped it would not recur in the future.
Statements from the finance minister and a budget planning document suggest the government may cut energy subsidies and compensation next year in a move analysts say would create fiscal space for the incoming administration to pursue new policies.
Prabowo has been advised to review costly fuel subsidies, which reached Rp 500 trillion ($32 billion) last year, to ensure only the poor would benefit, but it was unclear if the defence minister would take the suggestion, the vice-chair of his campaign team Eddy Soeparno told Reuters.
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