Official! Pertamina Lowers Prices of 3 Non-Subsidized Fuels Starting September 1, 2022

PT Pertamina (Persero) officially lowered the prices of three non-subsidized fuels on August 31, 2022, at 10:00 PM WIB, effective September 1, 2022.

The price reduction applies to non-subsidized fuels: Pertamax Turbo (Research Octane Number/RON 98) gasoline, and diesel fuels Dexlite and Pertamina Dex.

On its official website, Pertamina stated that the adjustment is in accordance with the Minister of Energy and Mineral Resources Decree No. 62 K/12/MEM/2020 concerning the Basic Price Formula in Calculating the Retail Selling Price of General Gasoline and Diesel Fuel Distributed through Public Fuel Filling Stations.

In DKI Jakarta, the price of Pertamax Turbo (RON 98) decreased by Rp2,000 per liter to Rp15,900 per liter from Rp17,900 per liter, effective September 1, 2022.

The price of Dexlite diesel fuel also decreased by Rp700 per liter to Rp17,100 per liter from Rp17,800 per liter. Similarly, the price of Pertamina Dex decreased by Rp1,500 per liter to Rp17,400 per liter from Rp18,900 per liter.

Meanwhile, the price of Pertamax (RON 92) remains at Rp12,500 per liter, and the price of Pertalite remains unchanged at Rp7,650 per liter.

Previously, the government planned to increase subsidized fuel prices to prevent a surge in subsidy spending due to soaring global crude oil prices exceeding US$100 per barrel. However, with the decrease in global crude oil prices to US$95 per barrel, the government instead lowered the prices of non-subsidized fuels.