Non-subsidised fuel Pertamax (RON 92) has undergone a price\nadjustment to Rp 16,250 per litre from the previous Rp 12,300 per litre.\nThis was done to maintain a balance between affordability for the public\nand the sustainability of the national fuel supply.<\/p>\n
Piter Abdullah, Policy and Program Director at the Prasasti Center\nfor Policy Studies, assesses that the price adjustment is related to the\ncurrent geopolitical situation. He considers the government\u2019s move to be\nvery reasonable.<\/p>\n
\u2018We know the geopolitical conditions, especially the US-Iran war,\nhave caused world oil prices to rise and the rupiah to depreciate. A\ndomestic fuel price increase is a certainty. It has happened before. But\nfor Pertamax fuel, it has been held back by Pertamina\/the government all\nthis time,\u2019 he told CNBC Indonesia on Thursday (11\/6\/2026).<\/p>\n
Piter emphasised that neither Pertamina nor the government can hold\nback the rise in oil prices. According to him, the price increase is\nprecisely to maintain the energy supply and the health of the downstream\noil and gas industry.<\/p>\n
\u2018If the price of Pertamax fuel is not raised, hoarding and smuggling\nare a certainty. Scarce fuel will end up being expensive on the black\nmarket. This has already happened in several places, especially outside\nJava. The public will suffer in the end,\u2019 Piter added.<\/p>\n
On the other hand, Piter continued, holding down fuel prices would\nincrease the subsidy burden and threaten the State Budget. This would\nlater prevent the government from implementing other programmes needed\nby the public.<\/p>\n
\u2018It means the public will also bear the burden. I think the public\nneeds to understand that this fuel price increase is an inevitability\nthat should be accepted gracefully,\u2019 Piter explained.<\/p>\n
Previously, Sigit Setiawan, VP of Commercial and Shipping Business\nDevelopment at Pertamina Patra Niaga, explained that fuel prices on the\nglobal market experienced a significant increase due to heightened\ninternational geopolitical tensions, driving up world crude oil prices.\nHe noted that Pertamina has endeavoured to hold back the selling price\nof non-subsidised fuel, especially Pertamax, even though its import\nprocurement costs have already exceeded the price sold at petrol\nstations. This Pertamax price increase is the first since the spike in\nworld oil prices following the Israel-Iran war erupted on 28 February\n2026. While other non-subsidised fuels have seen price increases since\n18 April 2026, the Pertamax fuel price had not yet been adjusted. He\nstated that the economic price for Pertamax fuel is now around Rp\n20,000-Rp 21,000 per litre, meaning that even at the new price of Rp\n16,250 per litre, it remains below its economic value. \u2018Pertamax RON 92\nhappens to be in the market; because of the geopolitical situation\nyesterday it went up. RON 92 in the market already has a price of around\nRp 20,000 or Rp 21,000. And we still held back, still tried to hold it\nat Rp 12,300,\u2019 he explained at a DEN Energy Discussion event at IPB\nCampus Bogor. He stated that by regulation, the pricing of\nnon-subsidised domestic fuel follows market prices and does not receive\nfiscal assistance from the government. For this reason, Pertamina\nstressed that the price adjustment is crucial to ensure the company\u2019s\nability to repurchase fuel raw materials on the international market to\nsafeguard the resilience of the national stock.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/fuel-price-adjustment-cannot-be-avoided-here-are-the-positive-impacts-1781168072", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }