Fuel prices unchanged

Fuel prices unchanged

Pertamina has decided to maintain the price of most fuel
products for transportation and industry for June, except for jet
fuel and fuel oil for industry, which has been raised by 0.6
percent.

The company announced on Monday the price of fuel oil for
industry would rise from Rp 1,560 per liter in May to Rp 1,600
this month.

The prices for the jet fuels Avgas and Avtur are now Rp 5,280
and Rp 2,740 per liter respectively, excluding a 10 percent value
added tax. In May, the prices for Avgas and Avtur, including the
10 percent VAT, were Rp 5,467 and Rp 2,575 respectively.

The remaining fuel prices were unchanged. Premium fuel for
industry is Rp 2,100 per liter, kerosene Rp 2,200 per liter,
automotive diesel fuel Rp 2,100 per liter and industrial diesel
fuel Rp 2,050.

The price of premium gasoline at gas pumps will remain flat at
Rp 1,810 per liter, while the price of kerosene is still Rp 1,800
per liter.

Pertamina's high-quality gasoline brands Pertamax and Pertamax
Plus will remain at Rp 2,750 per liter and Rp 2,450 per liter
respectively.

Pertamina decides new fuel prices every month based on prices
in neighboring Singapore and exchange rate developments. But the
government has decided not to raise fuel prices during the
elections. -- JP