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subsidized-fuel

Govt fuel app registration expanded to more regencies and cities
Archipelago 3 years ago

PREMIUM
Govt fuel app registration expanded to more regencies and cities

State-owned oil-and-gas-giant Pertamina has expanded vehicle registration for its MyPertamina fuel app to cover 37 cities and regencies across the country as the company seeks to ensure subsidized-fuel distribution is not abused.
Widening fuel-price gap strains Pertamina as Indonesia determined to keep subsidies
Economy 3 years ago

PREMIUM
Widening fuel-price gap strains Pertamina as Indonesia determined to keep subsidies

State-owned oil-and-gas-giant Pertamina said the discrepancy between subsidized and market prices has become wider as global oil prices continue to climb, adding pressures to the already strained company.
Pricy oil may cost Indonesia Rp 190t more in subsidy spending
Regulations 3 years ago

PREMIUM
Pricy oil may cost Indonesia Rp 190t more in subsidy spending

The government may need to spend Rp 190 trillion (US$13.23 billion) more than planned to cover swelling subsidies as surging international oil prices drive up the cost of fuel imports.
Subsidized diesel shortage hits trucking industry
Economy 3 years ago

PREMIUM
Subsidized diesel shortage hits trucking industry

Truckers have been waiting for up to 24 hours to refill at fueling stations, causing disruptions in domestic supply chains.
BPH Migas sets lower subsidized fuel quota for 2021
Business 5 years ago

PREMIUM
BPH Migas sets lower subsidized fuel quota for 2021

Subsidized fuels is a prickly issue for the Indonesian government. The dirty commodity costs trillions of rupiah in state spending and swells carbon dioxide and air pollution levels, especially in big cities.
Govt owes Pertamina Rp96.5t for three years of fuel subsidies
Business 5 years ago

Govt owes Pertamina Rp96.5t for three years of fuel subsidies

Pertamina has revised down its growth projections for this year amid large-scale social restrictions (PSBB) imposed to contain COVID-19.
Pertamina again lowers Pertamax prices to promote nonsubsidized fuel
Business 6 years ago

Pertamina again lowers Pertamax prices to promote nonsubsidized fuel

The regulation further closes the price gap between Pertamax and Pertamax Turbo and the subsidized Premium gasoline brand, which is pegged at Rp 6,450 per liter under the One Fuel Price policy.
Government agency fixes subsidized fuels allocation for 2020
Business 6 years ago

Government agency fixes subsidized fuels allocation for 2020

The Downstream Oil and Gas Regulatory Agency (BPH Migas) has set next year’s allocation of subsidized fuels at 26.87 million kiloliters, up 3 percent from last year.
‘Vicious devil’ of diesel subsidies hinders Indonesia’s renewable energy development
Business 6 years ago

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‘Vicious devil’ of diesel subsidies hinders Indonesia’s renewable energy development

Renewable energy’s contribution to PLN total installed capacity was 12.7 percent as of October, higher than the 10 percent recorded last year.
Government adds 1.5 million kl to this year’s subsidized diesel quota
Business 6 years ago

PREMIUM
Government adds 1.5 million kl to this year’s subsidized diesel quota

Pertamina and the government have struggled to control the distribution of subsidized fuel because of limited corporate oversight and populist protests.
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