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Indonesia: Pertamina increases Pertalite gasoline price

State-owned energy company Pertamina increased the price of Pertalite-branded gasoline to Rp 7,800 (55 US cents) per liter on Saturday, Rp 200 higher than the previous price.

The 90 RON gasoline has become a widely used alternative for customers typically preferring the subsidized Premium brand, such as drivers of public transportation minivans and motorcyclists, because gas stations in Greater Jakarta frequently run out of Premium stocks.

The new price is for gas stations in Java, Bali, Nusa Tenggara, Aceh, North Sumatra and West Sumatra, while Pertalite is sold at Rp 8,150 per liter in Riau and Riau Islands and at Rp 8,000 per liter in other Sumatra provinces.

The fuel also costs Rp 8,000 in Kalimantan, Sulawesi, Maluku and Papua.

Pertamina regional marketing operation I (MOR I) spokesman Rudi Arifianto said in Riau’s provincial capital of Pekanbaru on Sunday that the company had to increase the price because of the increasing global crude oil prices and the weakening of the rupiah against the US dollar.

“Fuel is a global commodity where we cannot control the price. If the global oil price declines and the rupiah exchange rate strengthens, we will revise down the price,” he said, as reported by Antara.

On Feb. 24, Pertamina increased the prices of several other non-subsidized fuels. The price of Pertamax per liter was increased to Rp 8,900 (62 US cents) from Rp 8,600, while the price of Pertamax Turbo per liter was increased to Rp 10,000 from Rp 9,600.

The price of Pertamina Dex per liter was raised to Rp 10,000 from Rp 9,250 and the price of Dexlite per liter to Rp 8,100 from Rp 7,500. (bbn)

Source: http://www.thejakartapost.com/news/2018/03/26/pertamina-increases-pertalite-gasoline-price.html