Pertamina ups price of compressed natural gas

State oil and gas company PT Pertamina has raised the price of compressed natural gas from Rp 700 per liter, to Rp 1,550, starting Nov. 29, according to a report.

Adiatma Sardjito, a company official, was quoted by detik.com as saying late on Sunday that the move was necessary to help cover part of the annual losses of up to Rp 25 billion that Pertamina has had to endure ever since the commodity was first introduced in 1986. -- JP