Pertamax Green 95 Price is Relatively Cheap on ASEAN and Global Scales

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Adi Ahdiat 25/07/2023 13:30 WIB

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The current price of Pertamax Green 95 is Rp13,500 per liter, cheaper than the global average price of RON 95 fuel, which reaches Rp19,742 per liter.

Comparison of Pertamax Green 95 Prices with Average RON 95 Fuel Prices in ASEAN and Globally (July 2023)

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Pertamax Green 95 Price is Relatively Cheap on ASEAN and Global Scales

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Comparison of Pertamax Green 95 Prices with Average RON 95 Fuel Prices in ASEAN and Globally (July 2023)

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Pertamina launched a new fuel product, Pertamax Green 95, at the end of July 2023.

This new fuel is a blend of 95% Pertamax gasoline and 5% bioethanol, produced from the fermentation of sugarcane molasses.

Pertamax Green 95 is claimed to have the same quality as RON 95 fuel and lower combustion emissions compared to pure gasoline.

Currently, Pertamax Green 95 is available in limited quantities at several gas stations in Jakarta and Surabaya, priced at Rp13,500 per liter.

This price is relatively low compared to the global price of fuels with similar quality. According to GlobalPetrolPrices.com, the average global price of RON 95 fuel was Rp19,742 per liter on July 17, 2023.

Pertamax Green 95 is also cheaper than the average RON 95 fuel price in several ASEAN countries, including Singapore, Laos, Thailand, the Philippines, Cambodia, and Vietnam, as shown in the graph above.

However, the price of RON 95 fuel in Malaysia is significantly lower due to its different fuel subsidy and tax system.

"All countries have access to the same international oil prices, but then apply different taxes and subsidies. As a result, retail gasoline prices differ in each country," as quoted from GlobalPetrolPrices.com.

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."

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Pertamax Green 95 Price is Relatively Cheap on ASEAN and Global Scales

Pertamax Green 95 Price is Relatively Cheap on ASEAN and Global Scales

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Pertamax Green 95 Price is Relatively Cheap on ASEAN and Global Scales

Pertamax Green 95 Price is Relatively Cheap on ASEAN and Global Scales

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