Business · Energy & Commodities · 7 hrs ago

Indonesia keeps regular gasoline at about 90 yen per liter

Indonesia keeps regular gasoline at about 90 yen per liter

Indonesia’s regular gasoline costs 10,000 rupiah per liter, or about 90 yen.

The fuel is Pertalite, sold by state-owned Pertamina, which holds a dominant share of the country’s gas stations.

The price is much lower than Japan’s average, which is just under 170 yen per liter.

The government has kept the price unchanged for four years by providing fuel subsidies.

This means drivers in Indonesia have continued to pay a low price even as crude oil has become more expensive.

No change to the price or further government action is specified.

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The price per liter is 10,000 rupiah (90 yen), far below Japan’s average price (just under 170 yen).
via Nikkei