Fuel prices for industry up 12%<\/p>\n
JAKARTA (JP) State oil and gas company Pertamina announced on
\nWednesday an average of 12 percent increase in fuel prices for
\nindustrial users in June.<\/p>\n
Pertamina said in a statement that the price of automotive
\ndiesel oil for industrial users would be increased by 11 percent
\nto Rp 1,285 (about 11.5 U.S. cents) per liter, industrial diesel
\noil by 12 percent to Rp 1,250, bunker oil by 14 percent to Rp 945
\nper liter, and kerosene by 9 percent to Rp 1,275 per liter.<\/p>\n
The industrial users will also be required to pay a handling
\nfee surcharge of 5 percent.<\/p>\n
Pertamina said the new prices, which are half the average
\ninternational prices for May, would take effect on June 1.<\/p>\n
In April, Pertamina began to charge industrial users 50
\npercent of international prices as part of the government's
\nprogram to reduce fuel subsidies. Foreign oil, gas mining and
\nshipping companies are required to buy fuel at international
\nprices.<\/p>\n
The prices are adjusted monthly based on the previous month's
\naverage Mild Oil Platts Singapore (MOPS) price indicator.<\/p>\n
Pertamina said prices of the fuel sold at gas stations would
\nremain at Rp 350 per liter of kerosene, Rp 600 for automotive
\ndiesel oil, Rp 550 for industrial diesel oil and Rp 400 for
\nbunker oil.<\/p>\n
The price of premium fuel sold to both industrial users and
\nthe public through gas stations will remain the same at Rp 1,150
\nper liter.(hen)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/fuel-prices-for-industry-up-12-1447893297",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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