Close
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: Fuel Cost to Go Up for Most in April 2012
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
Saved from the Satay Grill
Bali Water Police Rescue 51 Endangered Green Turtles
(11/21/2014)
Man of the People
President Joko Widodo Flies Economy to Attend Son’s Graduation in Singapore
(11/21/2014)
A Dozen Years for Homicide
19 Year-Old Male Prostitute who Killed American Paul Latourell Sentenced to 12 Years Prison
(11/21/2014)
Fire in Ubud
Massive Fire Destroys Clear Café and Five Nearby Homes in Ubud, Bali
(11/21/2014)
Gone, Fishing
High School Boy Drowns While Fishing at Serangan Island in Bali
(11/21/2014)
Poste Restante for Pick Up in 5-20 Years
Bali Customs and Police Arrest Local Woman for Receiving Narcotics by Parcel Post
(11/21/2014)
In the Event of an Actual Emergency
Bali Airport Bombed, Burnt and Crashed Into in the Course of a Single Day’s Safety Drill Simulation
(11/22/2014)
Become a Rock ‘N Roll King
Bali Hard Rock Hotel Rolls Out Venues and Services for their VIP ‘Rock Royalty’
(11/22/2014)
The Ferry Godfather
Ferry Tariffs Increase Between East Java and Bali
(11/21/2014)
Sanur Welcomes the Fairmont Sanur Beach Resort
Fairmont Hotels and Resorts Take Charge at Regent Sanur Beach Resort
(11/21/2014)
Asia-Pacific Airlines to Gather in Bali
Garuda and Bali Indonesia to Host 59th Association of Asia-Pacific Airlines Meeting November 12-13, 2015
(11/21/2014)
Current News
73-Year-Old Dutch Tourist Drowns Off Legian Beach in Bali
(11/21/2014)
All [News]!