Jakarta (Antara Bali) - The government proposed to the Parliament a cut in volume of subsidized oil fuel  to 19.9 million kiloliters  from 46.79 million kiloliters in 2014.

        Energy and Mineral Resources Minister Sudirman Said in a working meeting with the Commission VII of the Parliament said the proposed cut followed the abolition of subsidy on Premium gasoline as a result of oil price fall.

        The government did not change the volume of subsidized liquefied petroleum gas (LPG) in its proposal  from the level of 5.76 million tons  in 2014.

        "I think the volume is the same , therefore, no need for additional volume," Sudirman said.

        However, there is a significant increase in the subsidy on biofuel proposed for 2015, he said.

        "The subsidy on biodiesel is raised from Rp15,000 to Rp5,000 per liter in 2015  and that on bio-ethanol from Rp2,000  to Rp3,000 per liter," katanya. (WDY)

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Editor : I Gusti Bagus Widyantara


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