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View all search resultsgas-price
Opinion 9 years ago
COMMENTARY: Price intervention: Cutting corners until there's nothing left to cut
If you find yourself going around in circles, maybe you’re cutting too many corners.” The proverb best describes how President Joko “Jokowi” Widodo’s penchant for taking shortcuts to lower prices of certain commodities may churn out another set of problems.
Business 9 years ago
Efficient supply chain key to lower gas prices: Association
Indonesian Oil and Gas Pipeline Association (IAPMIGAS) chairman Hendra Jaya has said gas prices for the industrial sector could be lowered to US$6 per million British thermal unit (mmbtu) if gas distribution cost components were reduced.
Business 9 years ago
Gas price cuts could result in Rp 31t in economic benefits: Minister
Industry Minister Airlangga Hartarto has said that based on an economic impact assessment conducted by the government, price cuts to natural gas would deliver Rp 31 trillion (US$2.38 billion) in economic benefits every year.
Business 9 years ago
Jokowi wants gas prices slashed to below $6 per mmbtu in November
President Joko “Jokowi” Widodo expects gas prices for the industry sector to be slashed to below US$6 per million British thermal unit (mmbtu) by the end of November, far lower than the current price, which stands at around $ 9.50 per mmbtu.
Business 9 years ago
Oblige gas traders to build infrastructure to lower prices: Analysts
The government must oblige traders to build infrastructure to help reduce gas prices for industry amid the rise in the price of the commodity to US$13.9 per million metric British thermal units (MMbtu), analysts have said.
