Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Fuel Cost to Go Up for Most in April 2012
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Fuel Cost to Go Up for Most in April 2012

Indonesian Government to End Fuel Subsidies for Private Vehicles Effective April 1, 2012.


Bali News: Bali. Indonesia, Fuel Prices, subsidized fuel, premium Pertamax, increase, Minister for Energy and Natural Resources, Widjajono Partowidagdo
Click Image to Enlarge

(12/21/2011)

Effective April 1, 2012, the government will outlaw the use of premium gasoline for private vehicles, according to a statement issued by the Vice-Minister for Energy and Natural Resources, Widjajono Partowidagdo, on December 15, 2011, as reported by Kompas.com.

The move is intended to reduce the large subsidies paid by the government for public fuel consumption. Widjiaono said the new policy would be introduced in stages; first in Jakarta and then to be followed by Jabodetabek, Java and Bali.

At the present time no decision has been made on vehicles powered by diesel fuel with the government promising to announce its intention in that area shortly.

“The main point is that beginning April 1st private cars can no longer use premium gas and if you want to use a private vehicle then you’re fuel is Pertamax,” proclaimed Widjajono.

Subsidized premium current costs Rp. 4,500 (US$0.50) per liter in Bali while Pertamax non-subsidized fuel costs Rp. 8,900 (US$0.98) per liter. This will translate into a 98% increase in fuel costs for private vehicle operators who normally fill up at the premium pump.

Partowidagdo told the press that now was the right time to end subsidized fuel for private vehicles because of the good condition of the Indonesian economy, a low inflation rate and the growing burden the cost of subsidized fuel represents to the national budget.

It is not clear exactly at this point what constitutes a “private vehicle” under the new directive and whether the substantial jump in cost from premium fuel to Pertamax will be done all at once or in phases over an extended period of time.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
When Things Fail to Add Up
Editorial: Poor Grasp of Mapping Tourism Growth Underlines a Much Larger Problem
(7/5/2015)
Watching You, From a Distance
Indonesia to Introduce Law Requiring its Citizens to Register On Line When Going Abroad
(7/5/2015)
Has the Bali Property Boom Gone Bust?
Developers Say Bali Property Sales Down 75% in 2015
(7/5/2015)
Strokes of Good Luck
Trips to London and Harley Davidson Motorcycles among Prizes to be Won Bali National Golf Club August 8-9, 2015
(7/5/2015)
Bali Airport; Ready for the Holiday Rush
Bali Airport Sets Up Command Posts in Anticipation of Lebaran Rush
(7/5/2015)
Kite Flyers Leave Bali in the Dark
PLN Worried that Baliís Kite-Flying Seasons will Precipitate Power Outages
(7/5/2015)
PATA Mart Returns to Indonesia
Indonesia to Host 2016 PATA Travel Mart
(7/5/2015)
Medan Tragedy
Military Transport Crash in Medan Kills at Least 113 in Long Litany of C-130 Crashes in Indonesia
(7/5/2015)
Small Shops Must Stop Selling Beer
Bali Threaten to Close Down Shops in Kuta and Legian Illegally Selling Beer
(7/5/2015)
Bali Human Cultural Icons
Bali Arts Festival Honor Nine Senior Traditional Arts Performers
(7/5/2015)
The Man of de Malmanche
New Zealand Man Sentenced to 15 Years in Prison for Smuggling Drugs into Bali
(7/5/2015)
The Hills are Alive
Jetstar Cancels Several Bali Flights to Avoid Volcanic Ash from East Java Volcano
(7/5/2015)
All [News]!