What is the Projected Subsidy for 3 Kg LPG in 2019?

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Dwi Hadya Jayani 16/07/2019 11:00 WIB

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The Ministry of Energy and Mineral Resources (ESDM) projected the realization of subsidies at Rp 44.94 trillion in 2019. With that projection, subsidy savings reached Rp 30.28 trillion.

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What is the Projected Subsidy for 3 Kg LPG in 2019?

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2019 LPG 3 kg Subsidy Projection

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The Ministry of Energy and Mineral Resources (ESDM) recorded LPG (Liquefied Petroleum Gas) subsidy realization of Rp 19.2 trillion until May 2019. This realization is far from the 2019 State Budget (APBN) target of Rp 75.22 trillion. However, ESDM projects that the realization of the 3 kg LPG subsidy will reach Rp 44.94 trillion by the end of this year. As a result, Rp 30.28 trillion in subsidies will be saved.

In detail, the calculation of the 3 kg LPG subsidy realization in June-July 2019 reached Rp 6.15 trillion. Furthermore, from August to the end of 2019, the subsidy will reach Rp 19.59 trillion.

The projection of the 3 kg LPG subsidy is based on the assumption of a fixed Retail Selling Price (HJE) of Rp 4,250 per kilogram. Other assumptions used are the average LPG HIP (Import Price) for the January-July 2019 period of US$ 461.17 per MT, Bank Indonesia (BI)'s buying exchange rate of Rp 14,124 per US dollar, and a projected LPG volume of 3,630 million MT from July to December 2019.

Editor : Hari Widowati

"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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What is the Projected Subsidy for 3 Kg LPG in 2019?

What is the Projected Subsidy for 3 Kg LPG in 2019?

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Related Data

Indonesia's Energy and Mineral Resources Investment Realization Reached US$13.9 Billion in H1 2025

Indonesia's Energy and Mineral Resources Sector's Non-Tax State Revenue Reached IDR 138.8 Trillion in the First Half of 2025

Indonesia's Energy Resilience Index at the 'Resilient' Level 2015-2024

Ministry of Energy and Mineral Resources Budget 2009-2015

Distribution of 3 Kg LPG Cylinders 2007-2013

Savings from the Conversion of Kerosene Subsidies 2007-2014

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What is the Projected Subsidy for 3 Kg LPG in 2019?

What is the Projected Subsidy for 3 Kg LPG in 2019?

Tags

Related Data

Indonesia's Energy and Mineral Resources Investment Realization Reached US$13.9 Billion in H1 2025

Indonesia's Energy and Mineral Resources Sector's Non-Tax State Revenue Reached IDR 138.8 Trillion in the First Half of 2025

Indonesia's Energy Resilience Index at the 'Resilient' Level 2015-2024

Ministry of Energy and Mineral Resources Budget 2009-2015

Distribution of 3 Kg LPG Cylinders 2007-2013

Savings from the Conversion of Kerosene Subsidies 2007-2014

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