There Is COVID-19 And World Oil Down, Can Pertalite And Pertamax Prices Go Down?

JAKARTA - PT Pertamina (Persero) opens the opportunity to reduce the price of non-subsidized fuel oil (BBM). The decline followed the drop in world oil prices that had been going on for four consecutive weeks. The cause of this decline is the COVID-19 outbreak and the price war between major producers.

VP of Corporate Communication of Pertamina, Fajriyah Usman, admitted that until now his party was still waiting for direct directions from the government. This is because the non-subsidized fuel price adjustment will adjust to the regulations issued by the government.

"In principle, Pertamina as the operator will comply with government regulations. Until now, the price of BBM has referred to the provisions of the Ministry of Energy and Mineral Resources, and Pertamina has always complied with it. If there is a change in regulations or policies, Pertamina will make adjustments, ”he said, through a written statement received by VOI, in Jakarta, Monday, March 23.

Fajriyah said that the price of fuel was determined by several factors, including the world oil price, the rupiah exchange rate against the dollar, and inflation. The calculation of the selling price of non-subsidized and non-assigned fuel is determined by Pertamina periodically and monthly by considering the development of oil prices and fuel prices in the market.

"Pertamina will refer to the policies and provisions of the Ministry of Energy and Mineral Resources regarding the adjustment of non-subsidized fuel prices. Meanwhile, subsidized fuel prices or assignments are the government's authority to determine the selling price," he said.

According to Fajriyah, currently Pertamina continues to monitor the movement of world oil prices and the rupiah exchange rate against the dollar as the main factors determining fuel prices.

For your information, the selling price of Pertamina's non-subsidized fuel at gas stations is currently for gasoline products, namely Pertamax Turbo (RON98) IDR 9,850 per liter, Pertamax (RON 92) IDR 9,000 per liter, and Pertalite (RON 90) IDR 7,650 per liter. . Meanwhile, for gasoil products, namely, Pertamina Dex (CEN 53) Rp.10,200 per liter and Dexlite (CEN 51) Rp9,500 per liter.

Pertamina, said Fajriyah, had lowered the price of non-subsidized fuel since last February and the current Pertamina fuel price is still competitive, lower than the prices of other fuel sellers.