Jayapura, Papua – State-owned oil and gas company PT Pertamina has assured that fuel oil stocks in Papua and Maluku Provinces are safe following the government’s decision to raise subsidized fuel prices on Saturday.
“Subsidized and non-subsidized fuel oil stocks in Papua and Maluku are safe. The stocks of Pertalite gasoline are enough for 23 days, diesel oil for 24 days and Pertamax gasoline for 28 days,” Area Manager of Communication Relations & CSR of PT Pertamina for Papua Maluku Edi Mangun said in a written statement released on Saturday.
With the fuel stock sufficiency averaging above 20 days, the fuel stocks in Papua and Maluku are safe, he said. “We are committed to maintaining national energy resilience by keeping the prices in check at the most competitive level. To that end, we call on the public to buy fuel according to their needs,” he said.
He said the global crude prices and Indonesian crude price (ICP) remained high in August 2022, reaching US$94.17 per barrel. Therefore, Pertamina set the new price of Pertamax which took effect on September 3, 2022 at Rp14,850 per liter for Papua and Maluku, with the amount of motor vehicle fuel tax (PBBKB) reaching 7.5 percent.
“The new price accords with the Energy and Mineral Resources Minister’s Regulation No, 62/K/12/MEM/2020 concerning general fuel price formulation. Compared with other RON 92 products, the Pertamax price is still competitive. RON has higher price than Pertamina fuel,” he said.
Source: Antara News