Pertamina Patra Niaga Confirms Subsidised Fuel Prices Will Remain Unchanged Until the End of 2026
PT Pertamina Patra Niaga has reaffirmed its commitment to implementing Government policies regarding Fuel (BBM) prices. The company ensures that the price of subsidised fuel will not experience an increase until the end of 2026, in accordance with the directives established by the Government.
This certainty is maintained despite the current fluctuations in the parameters that form fuel prices, such as global crude oil prices and the Rupiah exchange rate against the US dollar, which are experiencing dynamic shifts. The Government’s step to not raise subsidised fuel prices until the end of 2026 is part of a national strategy to maintain energy price stability. This policy is expected to protect public purchasing power amidst the uncertainty of global energy dynamics.
Meanwhile, for the General Fuel (JBU) or non-subsidised fuel category, Pertamina Patra Niaga explained that price adjustments continue to refer to the formula established by the Government. The pricing of JBU is conducted periodically, taking into account applicable provisions and regulations.
VP of Communication at Pertamina Patra Niaga, Kitty Andhora, stated that the company is fully compliant with regulator directives in determining selling prices at petrol stations.
“Pertamina Patra Niaga follows Government policy in determining fuel prices. Although there are fluctuations in several price-forming parameters, such as world oil prices and exchange rates, for subsidised fuel, in accordance with Government directives, there will be no price increases until the end of 2026. For JBU, prices follow the formula established by the Government,” said Kitty in a press release received on Saturday (12/9).
In addition to ensuring price stability in accordance with policy, Pertamina Patra Niaga is also committed to maintaining the smooth distribution of fuel to all corners of the country. This is done to ensure that the energy needs of the community are met effectively and accurately.
Economist from CORE Indonesia, Mohammad Faisal, assessed that the government’s move to maintain subsidised fuel and LPG prices is effective in suppressing inflation amidst global uncertainty.