Fuel prices unchanged in September

Fuel prices unchanged in September

The Jakarta Post, Jakarta

State oil and gas company Pertamina said on Sunday that fuel
prices in September would remain unchanged from those in
August.

The prices of premium gasoline at the pumps remains unchanged
at Rp 1,810 per liter, while the price of kerosene is still Rp
1,800 per liter.

The price of automotive diesel oil will stay at Rp 1,650 per
liter, industrial diesel oil at Rp 1,650 per liter and fuel oil
at Rp 1,560 per liter, the company said in a statement.

High quality gasoline brands Pertamax and Pertamax Plus will
continue to cost Rp 2,300 per liter and Rp 2,600 per liter
respectively.

Every month, the state company adjusts fuel prices for the
domestic market to take account of the movement of oil prices on
the international market as part of the effort to reduce fuel
subsidies.

The government still subsidizes fuel sold to private and
industrial consumers, except for foreign oil and gas, mining and
shipping companies, which have to purchase fuel at international
prices.

In particular, the government pays out a huge subsidy on the
kerosene sold to small businesses and households. While big
businesses have to buy kerosene at Rp 1,800 per liter, small
businesses and households only pay Rp 700 per liter for kerosene
sold at Pertamina depots.