Jakarta (Antara Bali) - President Susilo Bambang Yudhoyono signed Presidential Regulation No 15 of 2012 on retail prices and consumers of certain types of fuel oil.
"I have signed the Presidential Regulation," the President said in a cordial meeting with journalists at the State Palace in Jakarta Monday night.
The Presidential Regulation is a replacement of Presidential Regulation No 55 of 2005 which had been amended with Presidential Regulation No 9 of 2006. Under Presidential Regulation No. 15 of 2012, the government set the retail sales price of certain fuel oils at delivery for each liter.
The price of kerosene has been set at Rp2,500, gasoline Rp4,500, and diesel oil Rp4,500, including 5 pct tax.
Under Presidential Regulation No 15 of 2012 it was also said that the use of certain fuel oils will be limited in stages.
Coordinating Minister of Economy Hatta Radjsa said the limitation will be further arranged by the Minister of Energy and Mineral Resources because under Presidential Regulation No 15 of 2012 a schedule on the limitation has not been set.(IGT/T007)
