PT Pertamina Patra Niaga has ensured that the prices of subsidised\nfuels, such as Pertalite and Biosolar, will not experience any increases\nuntil the end of 2026, in line with government directives, despite\nfluctuations in global oil prices and the Rupiah\u2019s exchange rate against\nthe US Dollar.<\/p>\n
\u201cPertamina Patra Niaga is following the Government\u2019s policy regarding\nfuel price determination. Although there are fluctuations in several\nprice-forming parameters, such as global oil prices and exchange rates,\nthere will be no price increases for subsidised fuel until the end of\n2026, as per Government instructions,\u201d stated Kitty Andhora, VP of\nCorporate Communication at Pertamina Patra Niaga, in a statement\nreceived in Yogyakarta on Saturday.<\/p>\n
As for non-subsidised fuels, she continued, prices follow the formula\nestablished by the government. The government previously ensured that\nthe prices of subsidised fuel would not rise until the end of 2026.<\/p>\n
This policy is part of the Government\u2019s efforts to maintain energy\nprice stability and public purchasing power amidst the dynamics of\nglobal energy prices. Meanwhile, for General Fuel (JBU) or\nnon-subsidised fuel, prices follow the formula set by the Government.\nThe determination of JBU prices is conducted with reference to the\napplicable formulas and regulations.<\/p>\n
Pertamina Patra Niaga remains committed to implementing Government\npolicies regarding fuel pricing and distribution, ensuring that the\nenergy needs of the public are well-met.<\/p>\n
The Minister of Energy and Mineral Resources, Bahlil Lahadalia,\nstated that the government has decided to keep subsidised fuel prices\nfrom rising as a measure to protect the purchasing power of the\nlower-middle class. This decision was made amidst the dynamics of global\noil prices, which the government continues to monitor under the\ndirection of President Prabowo Subianto.<\/p>\n
According to him, maintaining subsidised fuel prices amidst high oil\nprices is not a light policy, as it has the potential to increase the\nrequirements for the subsidy budget. Despite these fiscal consequences,\nBahlil noted that the government places the protection of public\npurchasing power as the primary consideration in determining energy\npricing policies.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/pertamina-ensures-pertalite-and-biosolar-prices-will-not-increase-1789199936", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }