Fitri Novia Heriani, Yanuar Pribadhie
The skyrocketing price of non-subsidized LPG is gaining wide public attention particularly due to its direct social impact.
Responding to this issue, the Government has taken several measures. Significantly, the President has asked PT Pertamina to review the price increase.
Last Monday, the Minister of Economic Coordination, Hatta Rajasa, also visited the Audit Board (Badan Pemeriksa Keuangan/ BPK) to discuss this issue.
Following the consultations at BPK, Hatta said that Pertamina has undertaken to consider the impact of all of its policies on society.
Hadi Purnomo, Chairman of BPK, affirmed that Pertamina suffered financial losses of IDR 7.73 trillion from its sales of LPG in 2011-2012.
“Based on that finding, BPK recommends Pertamina increase the price of 12 kg LPG,” explained Hadi.
The discussions between the Government and BPK resulted in two recommendations.
First, the price increase should take into account Pertamina’s losses, society’s purchasing power, and sustainability of distribution. Second, Pertamina must report price increases to the Minister of Energy and Mineral Resources.
In regard to the question on how much the increase will be, Hadi confirmed that this is a matter at Pertamina’s discretion.
Following a general meeting of the shareholders of Pertamina, the price increase for 12 kg LPG was set at IDR 1,000 per kg, putting the cost of 12 kg LPG at IDR 91,000.
(hot/kc)
Fitri Novia Heriani, Yanuar Pribadhie
The skyrocketing price of non-subsidized LPG is gaining wide public attention particularly due to its direct social impact.
Responding to this issue, the Government has taken several measures. Significantly, the President has asked PT Pertamina to review the price increase.
Last Monday, the Minister of Economic Coordination, Hatta Rajasa, also visited the Audit Board (Badan Pemeriksa Keuangan/ BPK) to discuss this issue.
Following the consultations at BPK, Hatta said that Pertamina has undertaken to consider the impact of all of its policies on society.
Hadi Purnomo, Chairman of BPK, affirmed that Pertamina suffered financial losses of IDR 7.73 trillion from its sales of LPG in 2011-2012.
“Based on that finding, BPK recommends Pertamina increase the price of 12 kg LPG,” explained Hadi.
The discussions between the Government and BPK resulted in two recommendations.
First, the price increase should take into account Pertamina’s losses, society’s purchasing power, and sustainability of distribution. Second, Pertamina must report price increases to the Minister of Energy and Mineral Resources.
In regard to the question on how much the increase will be, Hadi confirmed that this is a matter at Pertamina’s discretion.
Following a general meeting of the shareholders of Pertamina, the price increase for 12 kg LPG was set at IDR 1,000 per kg, putting the cost of 12 kg LPG at IDR 91,000.
(hot/kc)