Pertamax Fuel Prices Rise, Energy Ministry Explains Reasons

The Ministry of Energy and Mineral Resources has spoken out regarding the rise in prices of several non-subsidised fuel products at Pertamina petrol stations, including Pertamax and Pertamax Green 95. Ministry spokesperson Dwi Anggia stated that the government fully understands public concerns over the fuel price hike, especially for Pertamax. “If we observe together, the current geopolitical situation is heavily impacting oil prices, which in turn affects domestic oil prices,” Anggia explained at the Ministry’s office on Thursday. Anggia elaborated that the pricing mechanism for non-subsidised fuels like Pertamax is determined by market prices. Consequently, when crude oil prices rise, adjustments are inevitable. “The parameters include not just crude or the fuel product itself, but also distribution costs, storage fees, taxes, and others. So, in the current conditions, an adjustment is unavoidable,” she stated. Crucially, Anggia stressed that the government, following the directive of President Prabowo, continues to protect the prices of subsidised fuels such as Pertalite and subsidised diesel to safeguard the most vulnerable groups, including the poor. “If I may borrow the term, the President has implemented pro-poor policies. Subsidised fuels are maintained without price increases. Pertalite will not rise, nor will subsidised diesel, as these have a tremendous impact,” she added. “When we talk about this, there is certainly a domino effect. The government understands this and cannot ignore the fact that it exists. However, this domino effect can at least be minimised. Why? Because, for instance, public transport and logistics vehicles still use government-subsidised fuel,” Anggia asserted.