Pertamina Cuts Pertamax Gasoline Prices

Jakarta (Antara Bali) - State-owned oil and gas company Pertamina has lowered the prices of Pertamax gasoline by Rp200-Rp300 per liter effective as of 00:00 on Sunday, 2016.

Corporate Communication Vice President of Pertamina Wianda Pusponegoro said in written statement here on Sunday that the lowering of the prices was a periodical corporate decision made to follow the trend of the world crude prices.

"The prices of Pertamax were lowered by Rp200 per liter for Java, Madura and Bali islands and by Rp300 per liter for other regions," she said.

She cited Jakarta and its surroundings as an example where Pertamax price was lowered from Rp7,550 per liter to Rp7,350 per liter. In Surabaya, East Java, the price was lowered from Rp7,650 to Rp7,450 per liter.

In East Kalimantan, on the other hand, the price of Pertamax was cut by Rp300 per liter from Rp8,000 per liter to Rp7,700 per liter.

The price of Pertamax Plus in West Nusa Tenggara, Java and Bali was cut by Rp200 per liter and by Rp300 per liter in other regions.

However, the price of Pertamax Dex was lowered by Rp300 per liter in all regions. The Price of Dexlite gasoline was set at Rp6,650 per liter.

Pertamina also cut the price of Pertalite gasoline by Rp200 per liter in all regions.

"The price of Pertalite in Papua which was initially sold at Rp7,300 per liter is lowered to Rp7,100 per liter," she said.

The prices of diesel oil/bio-diesel oil were also reduced by Rp300 per liter.

In Jakarta and Banten, the prices of fuels of these types went down from Rp6,950 per liter to Rp6,650 per liter.

"Besides the decline in the world oil prices, the lowering by Pertamina of the gasoline prices was also a form of the company's appreciation to consumers," Wianda Pusponegoro said.

She said Pertamina will continue to monitor tightly the availability of stocks at gasoline refueling stations considering that the decline in the price of gasoline often increases consumption. (WDY)