Pertamina maintains most fuel prices

Thu, 02 Dec 2004 | Source: AP

JAKARTA: PT Pertamina, Indonesia's state oil company, left retail prices of regular gasoline, diesel and kerosene unchanged for individual consumers and businesses in December for the 11th consecutive month.

Pertamina raised the price that international shipping companies pay for auto diesel by 2.7 percent and marine diesel by 2.9 percent due to higher crude oil prices. It raised the price of fuel oil by 7 percent, the Jakarta-based company said in an e- mailed statement.

Pertamina revises most fuel prices each month. Kerosene for households and small-scale businesses is sold at a subsidized price of Rp 700 (7.7 U.S. cents) a liter. AP

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