JAKARTA - Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif approved the proposal of the Minister of State-Owned Enterprises (BUMN) Erick Thohir so that Pertamina's non-subsidized fuel price can be announced every week following the world crude oil price.
"It's good because oil prices also change every week," said Arifin to the media in Jakarta, Friday, January 6.
Arifin continued, this is intended so that the public can find out the cause of the increase in fuel prices due to international oil prices.
On this occasion Arifin also confirmed the discourse to announce fuel prices every week.
However, he continued, it still had to be discussed with SOEs and business entities providing fuel.
Arifin said this is usually done by other countries.
"Yes, the others will follow," added Arifin.
Previously reported, SOE Minister Erick Thohir requested that the announcement of non-subsidized fuel oil (BBM) prices for the Pertamax type be announced once a week.
The reason, said Erick, was because Pertamax prices followed market prices.
Erick also admitted that so far he has often been trapped with bureaucracy and it is difficult to adjust market prices.
"So that the Pertamax price in Indonesia can be announced every week. In order to match market prices, we should not be trapped in the bureaucracy, the rules have not been issued," Erick said at the Initial Press Conference in 2023, Monday, January 2.
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