Indonesia to raise fuel prices for industry

Chemical News: Indonesia to raise fuel prices for industry

https://www.chemnet.com Sep 27,2007 Xinhua
JAKARTA, Sept. 26 (Xinhua) -- Indonesia's state-run oil and gas firm Pertamina has decided to increase fuel prices for industrial uses by up to 6 percent beginning Oct. 1 as global oil prices have made new records over the last few months.

"We also will raise the price of Pertamax and Pertamax Plus gasoline by 1 - 1.5 percent," Pertamina's deputy director Hanung Budya told reporters Wednesday.

He referred to the high-octane gasoline produced and sold at gas outlets across the country without government subsidies.

Details of the new product prices are not immediately available.

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