Participating Government Orders, Shell Will Announce BBM Prices Every Week

Illustration (Photo: Doc. Antara)

JAKARTA - The government is preparing a plan to announce the price of fuel oil (BBM) every week which will be implemented at private and government-owned public gas stations (SPBU).

One of the private gas stations, Shell, stated that his party would follow the government's direction regarding the policy of adjusting the retail fuel price, including announcing new prices every week.

"Shell is always committed to complying with government regulations regarding determining the retail selling price of fuel, including reporting every week according to the stipulated provisions," said VP Corporate Relations Susi Hutapea in a written statement received by VOI, Wednesday, January 11.

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.

This proposal was also welcomed positively by the Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif.

"It's good because oil prices also change every week," Arifin told 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.