Pertamina sets new fuel prices for industry

State-owned oil and gas company PT Pertamina lowered retail prices for several non-subsidized fuels for industry beginning August 01, 2008 following the recent decrease in international crude prices.

Pertamina said in Jakarta Thursday that prices for Premium gasoline had been slashed by 7.2 percent to Rp 8,666.00 (US$= Rp 9,118) per liter, kerosene by 3.5 percent to Rp 11,144.8 per liter and high-speed diesel (HSD) by 5.0 percent to Rp 10,943.00 per liter.

But the firm raised the price for marine fuel oil (MFO)by 3.1 percent to Rp 7,595.60 per liter.

Meanwhile the new price for Pertamax gasoline in Jakarta, Banten, and West Java is Rp 9,850 compared with Rp 10,600 per liter previously. The price of Pertamax Plus gasoline in the same regions have been slashed to Rp 10,100 from Rp 10, 750 per liter, while the price of Dex gasoline has been lowered to Rp 12,900 from Rp 13,500 per liter and BioPertamax to Rp 9,850 from Rp 10,600 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/bernard)