Pertamina introduces cheap fuel product
State-run oil and gas firm Pertamina on Monday (17/3/08) introduced liquefied petroleum gas (LPG) fuel products for Rp3,600 ($0.39) per liter, Xinhua reported.
Called Vigas, the fuel product is available at three Pertamina fuel outlets in Jakarta and the number will be increased to nine by the end of the year, said Pertamina deputy marketing director Hanung Budya.
He said the special introductory price might end in April, adding the actual price was Rp4,500 ($0.49) per liter, the same price as state-subsidized gasoline.
Pertamina has targeted to switch about 10% of subsidized gasoline consumption in the capital to Vigas, equivalent to 180,000 kiloliters a year.
Vigas requires the installation of a converter kit costing Rp12 million ($1,301).
Called Vigas, the fuel product is available at three Pertamina fuel outlets in Jakarta and the number will be increased to nine by the end of the year, said Pertamina deputy marketing director Hanung Budya.
He said the special introductory price might end in April, adding the actual price was Rp4,500 ($0.49) per liter, the same price as state-subsidized gasoline.
Pertamina has targeted to switch about 10% of subsidized gasoline consumption in the capital to Vigas, equivalent to 180,000 kiloliters a year.
Vigas requires the installation of a converter kit costing Rp12 million ($1,301).