{
    "success": true,
    "data": {
        "id": 1902688,
        "msgid": "indonesia-maintains-fuel-subsidy-as-global-oil-prices-stay-high-1785945082",
        "date": "2026-08-05 22:01:45",
        "title": "Indonesia maintains fuel subsidy as global oil prices stay high",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Economy",
        "summary": "The Indonesian government has confirmed that subsidised fuel prices, including Pertalite, will remain unchanged through December, with funding already allocated in the fiscal buffer. Authorities are also considering adjustments to non-subsidised fuel prices and are pushing forward with the B50 biodiesel mandate to reduce diesel imports and strengthen energy resilience against geopolitical uncertainties. The policy aims to shield the state budget from global oil price volatility while maintaining domestic energy security.",
        "content": "<p>\u201cPertalite prices are guaranteed to remain unchanged through\nDecember. The funding has already been built into our fiscal buffer,\u201d\nAirlangga told reporters in Jakarta on Wednesday.<\/p>\n<p>President Prabowo Subianto has instructed the government not to raise\nsubsidized fuel prices despite continued volatility in global crude oil\nmarkets, Airlangga said.<\/p>\n<p>The government is separately considering adjustments to\nnon-subsidized fuel prices if Indonesia Crude Price, or ICP, declines in\nline with weaker international oil prices.<\/p>\n<p>State energy company Pertamina has already lowered prices for several\nnon-subsidized fuels effective Aug.\u00a01 as market conditions improved.<\/p>\n<p>The price of Pertamax fell to Rp15,950 (US$0.98) a liter from\nRp16,250 (US$1.00), while Pertamax Green 95 dropped to Rp16,600\n(US$1.02) from Rp17,000 (US$1.04).<\/p>\n<p>Pertamax Turbo was reduced to Rp18,300 (US$1.12) a liter from\nRp19,300 (US$1.18), extending a series of gradual price adjustments by\nthe state-owned fuel retailer.<\/p>\n<p>Meanwhile, subsidized Pertalite remains priced at Rp10,000 (US$0.61)\na liter, while subsidized Biosolar diesel remains at Rp6,800 (US$0.42) a\nliter.<\/p>\n<p>Airlangga said the government\u2019s B50 biodiesel mandate is expected to\ndeliver three key benefits, including reducing dependence on imported\ndiesel fuel.<\/p>\n<p>The higher biodiesel blend is also intended to improve Indonesia\u2019s\nresilience against swings in global oil prices caused by geopolitical\ntensions while lowering the fiscal burden of energy subsidies.<\/p>\n<p>The policy has become increasingly important as uncertainty\nsurrounding shipping routes through the Strait of Hormuz continues to\nsupport elevated crude oil prices, he said.<\/p>\n<p>\u201cThe president has instructed us to maintain energy security despite\nuncertainty related to the Strait of Hormuz,\u201d Airlangga said.<\/p>\n<p>He added that the state budget would continue to serve as a shock\nabsorber, while the B50 program is expected to eliminate diesel imports\nand reduce subsidy requirements under current oil price conditions.<\/p>\n<p>Related news: Indonesia targets E10 bioethanol fuel rollout by\n2027<\/p>\n<p>Related news: Indonesia could save Rp200 trillion by fixing fuel\nsubsidy errors: DEN<\/p>\n<p>Translator: M.Baqir IA, Rahmad Nasution<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-maintains-fuel-subsidy-as-global-oil-prices-stay-high-1785945082",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}