Fuel prices for industry increased<\/p>\n
The Jakarta Post, Jakarta<\/p>\n
State oil and gas firm PT Pertamina has increased fuel prices for
\nindustry for October by up to 21.9 percent, higher than
\npreviously expected.<\/p>\n
Premium gasoline made the biggest jump to Rp 6,290 per liter
\nfor October delivery from Rp 5,160 a liter applied in September,
\nwhile diesel fuel rose 12.1 percent to Rp 6,000 per liter,
\nPertamina's fuel division head Achmad Faisal said on Wednesday.<\/p>\n
\"The new prices will probably be applied starting Saturday, as
\nwe need time to inform our customers (of the new price),\" said
\nFaisal.<\/p>\n
\"The decree (officiating the price hike) was signed today
\n(Wednesday),\" he said.<\/p>\n
Kerosene for industries rose to Rp 6,400 per liter from Rp
\n5,600 a liter charged last month. A liter of diesel oil for
\nindustries will cost Rp 5,780 as compared to Rp 5,150 in
\nSeptember while fuel oil prices rose 21 percent to Rp 3,810 per
\nliter.<\/p>\n
The international bunker prices for October are 58.4 U.S.
\ncents for a liter of diesel fuel, 56.3 cents for diesel oil and
\n37.10 cents for fuel oil.<\/p>\n
With the implementation of Presidential Decree No. 55\/2005 on
\nthe new domestic fuel prices, no subsidized-fuel quota is set
\naside for industries, except for small enterprises and fishermen,
\nwho will receive a monthly quota of eight kiloliters (kl) each.<\/p>\n
The government raised retail fuel prices by an average of
\n126.6 percent on Oct. 1 to slash subsidies and save the state
\nbudget.<\/p>\n
Pertamina began applying market prices for oil, gas, mining
\nand export-oriented industries, as well as entities that use more
\nthan 500 kl of fuel in July.<\/p>\n
It included more industries, including fishery companies,
\nthose located in bonded zones, independent power producers and
\nentities that use more than 24 kl of fuel, the following month.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/fuel-prices-for-industry-increased-1447893297",
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