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Pertalite Price Reportedly Increases by IDR 3,000, Pertamina Says: Okezone Economy

JAKARTA – Price increase signal BBM Pertalite and Solar types re-emerge. It is reported that RON 90 fuel will increase by Rp. 2,000 to Rp. 3,000 per liter.

Responding to the amount of the increase, the Acting Corporate Secretary of PT Pertamina Patra Niaga, SH C&T of PT Pertamina (Persero) Irto Ginting said the company did not know about the proposed increase in fuel prices from anyone.

Also Read: YLKI Reveals Terrible Impacts If Electricity Tariffs, Pertalite and 3 Kg LPG Prices Rise

“The proposal from whom? There is no information (the amount of the increase),” asked Irto when contacted by Okezone, Thursday (14/4/2022).

He emphasized that the adjustment of fuel prices is the authority of the government. Therefore, Pertamina only received instructions from the government regarding fuel price adjustments.

Also Read: 3 Facts about Electricity Tariffs, Pertalite to 3 Kg LPG Prices Will Increase This Year

“Adjustment of subsidized fuel prices lies with the government,” he said.

Previously, as of April 1, 2022, the Indonesian government officially raised the price of Pertamax fuel oil (BBM) to IDR 12,500 per liter. Despite the increase, the price of Pertamax which is currently priced is still far below the economic value.

For April 2022, the Ministry of Energy and Mineral Resources projects that the economic price of RON 92 fuel (including Pertamax) will be at Rp. 16,000 per liter. This means that PT Pertamina (Persero) is still selling at a loss of Rp. 3,500 per liter of Pertamax.

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