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Thursday, January 01, 2009

Pertamina cuts further non-subsidized fuel prices

The Jakarta Post, Jakarta | Thu, 01/01/2009 11:47 AM  

State oil and gas company PT Pertamina has reduced the price of its non-subsidized high-octane fuels as of Thursday for the Greater Jakarta market. 

Pertamina said in a statement that it lowered the prices of its Pertamax, Pertamax Plus and Bio Pertamax to between Rp 5,800 (about 57 U.S. cents) and Rp 6,000 per liter from between Rp 6,500 and Rp 6,800. 

The new prices, however, would only be applied for gas stations certified by Pertamina as "Pas Pasti" (exact and certain). 

"This policy is to give more choices for the people," Pertamian spokesman Rizkani Noor told Antara news agency. 

Pertamax prices for other gas stations in Jakarta, as well as in Banten and West Java are reduced to Rp 5,925 per liter from Rp 6,500, while Pertamax Plus prices are set at Rp 6,400 from Rp 6,800. 

For other parts of Indonesia, Pertamia cuts Pertamax prices to Rp 6,200 per liter for Central Java, East Java and Bali, Rp 6,300 for Sumatra island, Kalimantan and Sulawesi (except Central Sulawesi, where Pertamax price is set at Rp 7,300). 

Pertamax Plus prices are also cut to Rp 6,000 for Batam island, Rp 6,600 for Central Java, East Java, Bali, Aceh, North Sumatra (except Medan: Rp 6,500) and Riau, and to Rp 6,700 for Kalimantan island.  

Last month, coinciding with its anniversary on Dec. 10, Pertamina cut the prices of its Pertamax, Pertamax Plus and Bio Pertamax by Rp 300 per liter to Rp 6,500 a liter, Rp 6,800 per liter and Rp 6,500 per liter, respectively.

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