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
Bike, Run and Swim in Bali
Herbalife Bali International Triathlon – a Race for the Soul on Sunday, October 25, 2015
(3/29/2015)
Meet in Bali
9th Edition of the Bali Meeting Guide to be Published in September 2015
(3/29/2015)
Fragrant Wine for the Fragrant Harbor
Hatten Wines’ Pino de Bali Fortified Wines Served at the Peninsula Hotel Hong Kong
(3/29/2015)
Admission Tickets on the Increase
Admission Charges to Increase at South Bali Public Tourist Attraction on January 1, 2016
(3/29/2015)
When People Leave their Manners at Home
Editorial: Confusion, Conflicting Rules and Bad Manners Surround Plans to Limit Beer Sales Commencing April 16, 2015
(3/29/2015)
Conrad Living Lobby Art Exhibition
The World of Indonesian Puppetry in an Exhibition by I Ketut Sudiana in the Lobby of The Conrad Bali Resort and Spa April 3- June 30, 2015
(3/29/2015)
Going with the Grain
Klungkung Regency in Bali to Develop Sea Salt Production as a Tourist Attraction
(3/29/2015)
Fruit from the Tree of Good and Evil
Falling Durian Kills Second Man in Bali in a Single Season
(3/29/2015)
Safety Ranking for Indonesian Airlines
Transportation Ministry to Give Safety Ranking to Indonesian Airlines and Enforce Minimum Air Fleet Size of 10 Planes
(3/29/2015)
We Only Have Eye for You!
Immigration Introducing New Electronic Tracking Systems to Keep Track of Foreign Visitors
(3/29/2015)
Indonesia’s Waterloo?
Tourist Minister Says Dirty Public Toilets Make Indonesian Non-Competitive in Attracting Visitors
(3/29/2015)
Missing at Sea
Domestic Tourist Drowns at Tanah Lot
(3/29/2015)
All [News]!