Pertamina Raises Fuel Prices in Indonesia Amid Balancing Act Between Market Pricing and Subsidies
State energy company increases RON98 petrol, diesel and LPG prices while keeping subsidised fuels stable for lower-income households
En resumen
- Pertamina raised RON98 petrol (Pertamax Turbo) to 19,400 rupiah per litre from 13,100 rupiah, and diesel products by around 60%, while also increasing 12kg LPG canisters to 228,000 rupiah in Jakarta, East Java and Central Java.
- The price hikes target market-priced fuels while protecting subsidised products for lower-income Indonesians, though analysts warn the gap could encourage wealthier consumers to switch to subsidised options.
Resumen generado por IA
Pertamina raised RON98 petrol (Pertamax Turbo) to 19,400 rupiah per litre from 13,100 rupiah, and diesel products by around 60%, while also increasing 12kg LPG canisters to 228,000 rupiah in Jakarta, East Java and Central Java. The price hikes target market-priced fuels while protecting subsidised products for lower-income Indonesians, though analysts warn the gap could encourage wealthier consumers to switch to subsidised options.







