Pertamina cuts fuel prices for industry by up to 23.8 percent
Saturday, November 1 2008 - 01:33 AM WIB
State-owned oil and gas company PT Pertamina lowered retail prices for several non-subsidized fuels for industry beginning November 01, 2008 following the recent decrease in international crude prices.
Pertamina said on Friday that prices for Premium gasoline had been slashed by 18.0 percent to Rp 5,925.00 (US$= Rp 10,995) per liter, kerosene by 16.0 percent to Rp 6,687.00 per liter and high-speed diesel (HSD) by 19.9 percent to Rp 6,233.50 per liter.
Pertamina also slashed the price for marine fuel oil (MFO) by 23.8 percent to Rp 4,549.60 per liter and marine diesel fuel (MDF) by 20.2 percent to Rp 6,065.00 per liter.
Prices of fuels for public transportation are maintained at Rp 6,000 per liter for Premium gasoline and Rp 5,500 per liter for HSD. Price for subsidized kerosene for household and small industry consumption is maintained at Rp. 2,500 per liter. (godang)