Chief Operating Officer (COO) of Danantara and Head of the State-Owned Enterprise Management Agency (BP) Dony Oskaria assessed that the increase in the price of Pertamax to Rp. 16,250 per liter was an unavoidable step because it had to follow market prices and world oil developments.
Dony said Pertamax is a non-subsidized fuel that is intended for the upper middle class. Therefore, the selling price cannot be continuously held by the government.
"That's right, it's a mandate that Pertamax must follow market prices, right. If not, then the time will be borne continuously," said Dony when met at the DPR Building, Jakarta, Wednesday, June 10.
According to Dony, despite the increase, the current Pertamax price is still below the actual economic price.
"Because it is for the upper middle class. But even that, we are only 50 percent of the real price," he said.
Furthermore, Dony also ensured that the decision to adjust the price had been discussed with the Ministry of Energy and Mineral Resources (ESDM) and had received government approval.
"And it has gone through the process with the Minister of Energy and Mineral Resources. So the Ministry of Energy and Mineral Resources through the Director General agreed to do that," he said.
Dony agreed with Minister of Finance Purbaya Yudhi Sadewa who said that the increase in Pertamax prices would not have a significant impact on inflation. The reason is that this type of fuel is mostly used by the middle and upper classes and not for industrial and mass transportation needs.
"Because the use of Pertamax is for the upper middle class. It is not for industry, not for mass transportation that is intended by the Minister. So it will not have an impact on inflation. Don't worry too much and we have to be optimistic and calm," he said.
For information, PT Pertamina Patra Niaga officially raised the price of Pertamax from Rp. 12,300 per liter to Rp. 16,250 per liter starting today. The price of Pertamax Green 95 also increased from Rp. 12,900 per liter to Rp. 17,000 per liter.
Meanwhile, the price of subsidized fuel has not changed. Pertalite is still sold at Rp10,000 per liter and Biosolar is pegged at Rp6,800 per liter.
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