Indonesian Political, Business & Finance News

Pertamina clarifies price difference between Pertamax and Pertalite on purchase receipts

| Source: ANTARA_ID Translated from Indonesian | Economy
Pertamina clarifies price difference between Pertamax and Pertalite on purchase receipts
Image: ANTARA_ID

PT Pertamina Patra Niaga has clarified the price difference between non-subsidised Pertamax fuel and subsidised Pertalite appearing on customer purchase receipts. Corporate Secretary Pertamina Patra Roberth MV Dumatubun stated that the company was responding to circulating information regarding the Rp18,040 per litre figure on Pertalite receipts, which had been referred to as the fuel’s economic price. He said the explanation was provided so the public receives complete information and to prevent misunderstanding. Roberth explained that fuel subsidy policy is the authority of the government and is not determined by Pertamina. In this context, Pertalite is a special assignment fuel type that receives government subsidies to maintain price affordability for the public. He added that the fuel subsidy programme has strategic objectives to maintain national stability, protect public purchasing power, and support economic activity. This policy is primarily aimed at helping lower-middle income communities meet their mobility and daily activity needs at affordable costs. Regarding the economic price information listed on receipts, Roberth said the figure represents an illustration of the fuel’s economic value when calculated based on market price components and energy supply costs.

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