Jakarta –
Pertamina through PT Pertamina Patra Niaga, Sub Holding Commercial & Trading PT Pertamina (Persero) has officially adjusted the price of non-subsidized LPG. The new prices for all non-subsidized LPG products are effective from 27 February 2022 or today.
With the adjustment, the current non-subsidized LPG price is around Rp 15,500 per kilogram (kg). That figure again rose from Rp 11,500, then rose in December to Rp 13,500 and now rose to Rp 15,500/kg.
Acting PT Pertamina Patra Niaga Corporate Secretary, SH C&T PT Pertamina (Persero) Irto Ginting explained that this adjustment was made following the latest developments in the oil and gas industry. He also explained that the two-stage increase from last December was carried out to reduce the burden on the non-subsidized LPG users.
“It is noted that the price of Aramco’s Contract Price (CPA) reached 775 USD/metric ton, an increase of about 21% from the average CPA price throughout 2021,” Irto explained in his official statement, Sunday (27/2/2022).
He explained that this price adjustment had taken into account the conditions and capabilities of the non-subsidized LPG market, besides that this price was still the most competitive compared to various countries in ASEAN.
Meanwhile, for subsidized LPG 3 Kg, Irto stated that there was no change in the applicable price.
“The price adjustment only applies to non-subsidized LPG such as Bright Gas or around 6.7% of the total national LPG consumption as of January 2022. For subsidized 3 Kg LPG whose portion is more than 93% there is no change in price, the price still refers to the Highest Retail Price ( HET) determined by the local government,” added Irto.
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