Pertamina Suffers Losses on Sales of Solar, Pertalite, Pertamax, and LPG

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Reza Pahlevi 07/07/2022 15:40 WIB

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Until early July 2022, Pertamina was still selling all four products below market price.

Comparison of Pertamina Product Selling Prices and Market Prices (July 6, 2022)

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Pertamina Suffers Losses on Sales of Solar, Pertalite, Pertamax, and LPG

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Comparison of Pertamina Product Selling Prices and Market Prices (July 6, 2022)

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Public service obligations (PSO) require Pertamina to sell its products below market price. This applies to four of their products: Solar, Pertalite, Pertamax, and LPG.

Pertamina sells subsidized Solar at Rp5,150 per liter. However, the current market price of Solar has reached Rp18,150 per liter.

Similarly, Pertalite, a RON 90 gasoline, is sold by Pertamina at Rp7,650 per liter, while its market price reaches Rp17,200 per liter.

Although the price of Pertamax has been increased, it remains below the market price. This RON 92 gasoline is sold by Pertamina at Rp12,500 per liter, while its market price is Rp17,950 per liter.

Finally, the price of subsidized Pertamina LPG is set at Rp4,250 per kg. This is significantly below the market price of Rp11,448 per kg.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."