Fuel Oil Prices Down In Indonesia

PT Pertamina (Persero) lowering the price of non-subsidized fuel oil per Tuesday, March 1, 2016. Some of this decline is done to adjust the reference price or Mean Of Platts Singapore (Mops). VP Corporate Communications of Pertamina, Wianda Pusponegoro said the price adjustment of fuel oil (BBM) will be carried out non-subsidized beginning of each month and the middle of the month. "Seeing the trend, so there is flexibility, adjustments are usually in the early and mid-month," said Wianda in Jakarta, Monday, February 29, 2016. He said, is the domain of Pertamina for fuel price adjustment is for non-subsidized fuel, or in addition to the type of gasoline and diesel. While the types of gasoline and diesel fuel price adjustment is set together with the government. Marketing Director of Pertamina, Bambang Ahmad said the decline in fuel prices is based on calculation of Pertamina. It will conduct an evaluation adjustment every two weeks. "Yes lowered, pertamax down 200, pertalite also down, (the decline) there are up to 200 and there are baseball until 200," said Ahmad Bambang when met at the Plaza MEMR. The following retail prices of fuel per 1 March 2016 starting at 00.00 pm which sold by retail outlets to consumers as follows (prices per liter):Premium: 7050Bio Solar: 5650Pertalite: 7500Pertamax: 7950Pertamax Plus: 8850Pertamina Dex: 8800