Rabu, September 6, 2023

Indonesian Raw Oil Prices Set for August 2023

The Minister of Energy and Mineral Resources has set various applicable Indonesian raw oil prices for the August 2023 period through the issuance of Decree No. 324.K/MG.03/DJM/2023, which has been in force since 1 September 2023.
As detailed under the Appendix to the Decree, prices have now been divided into Main Raw Oil and Other Raw Oil categories. Meanwhile, the average price of Indonesian Raw Oil has been set at US$ 82.59/barrel. In total, six types of main raw oils, 50 types of permanent other raw oils and 41 types of temporary other raw oils have now been set (along with their various formulas and prices).

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*Syarat dan ketentuan berlaku

The Minister of Energy and Mineral Resources has set various applicable Indonesian raw oil prices for the August 2023 period through the issuance of Decree No. 324.K/MG.03/DJM/2023, which has been in force since 1 September 2023.
As detailed under the Appendix to the Decree, prices have now been divided into Main Raw Oil and Other Raw Oil categories. Meanwhile, the average price of Indonesian Raw Oil has been set at US$ 82.59/barrel. In total, six types of main raw oils, 50 types of permanent other raw oils and 41 types of temporary other raw oils have now been set (along with their various formulas and prices).

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

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Rp 5.000.000 /bulan