Seskab Teddy: Pertamax is Non-Subsidised Fuel, Price Follows Global Oil Prices

Cabinet Secretary (Seskab) Teddy Indra Wijaya has explained that Pertamax is a type of non-subsidised fuel oil (BBM), therefore Pertamina sells it at a price that follows global oil price movements. Nonetheless, since Pertamina raised the price of Pertamax and other non-subsidised fuel variants, the per-litre price of non-subsidised fuel in Indonesia remains cheaper compared to RON 92/95 fuel in several Southeast Asian countries, such as the Philippines, Laos, Thailand, Myanmar, and Singapore. “Pertamax is a non-subsidised fuel. This means the price of Pertamax must follow global oil prices. What are subsidised fuels? Pertalite and Diesel. The price of subsidised fuel has not increased,” Teddy said when contacted in Jakarta on Friday. Since global oil prices rose due to the impact of the war between Iran and the United States and Israel, the price of subsidised fuel has not increased, remaining at Rp10,000 per litre for the Pertalite variant and Rp6,800 per litre for Diesel. Meanwhile, the price of non-subsidised fuel such as Pertamax only increased as of 10 June 2026, from Rp12,300 per litre to Rp16,250 per litre. “Global oil prices have risen drastically since March, but the government has held back the increase for months. Even though it has risen, the price of Pertamax in Indonesia is far cheaper than RON 92/95 fuel in other countries,” Teddy said. The Cabinet Secretariat, in its official post, then detailed the price of RON 92/95 fuel in several Southeast Asian countries, for example the Philippines at Rp22,158 per litre, Laos at Rp31,945 per litre, Thailand at Rp28,910 per litre, Myanmar at Rp25,085 per litre, and Singapore at Rp42,971 per litre. The Cabinet Secretariat uploaded Teddy’s explanation regarding the reason Pertamina adjusted the price of Pertamax on Friday evening at around 19.00 WIB, amidst student demonstrations from several campuses in the Bundaran HI area, Jakarta, which had been ongoing since midday. The University of Indonesia Student Executive Board (BEM), as one of the action groups, brought five demands to today’s protest, one of which was to lower fuel prices. However, currently, the only fuel prices that have risen are for non-subsidised fuel, while the price of subsidised fuel remains unchanged.