Pertamina Holds Non-Subsidized Fuel Prices Steady for June 2024
Jakarta. State-owned oil and gas company Pertamina (Persero), through its subsidiary Pertamina Patra Niaga, has decided not to increase non-subsidized fuel prices in June 2024. This move aligns with the government's efforts to maintain economic stability.
The decision comes from rising global oil prices and the weakening of the Indonesian rupiah against the US dollar.
“While the adjustment of non-subsidized fuel prices follows regulations, under the current circumstances, we support the government’s efforts to maintain economic stability,” said Irto Ginting, Corporate Secretary of Pertamina Patra Niaga, in a written statement on Saturday.
Pertamina adjusts its fuel prices monthly based on the US dollar exchange rate and the Mean of Platts Singapore (MOPS).
ADVERTISEMENT
The following are the non-subsidized fuel prices from Pertamina for June 2024:
- Pertamax: Rp 12,950/liter
- Pertamax Green 95: Rp 13,900/liter
- Pertamax Turbo: Rp 14,400/liter
- Dexlite: Rp 14,550/liter
- Pertamina Dex: Rp 15,100/liter
These prices apply to the Java region and areas with a motor vehicle fuel tax (PBBKB) rate of 5 percent.
Tags: Keywords:Related Articles
Business
Jun 15, 2026 | 12:49 pm
Fuel Subsidies Largely Benefit Private Vehicles, Not Public Transport
An expert urges Indonesia to redirect fuel subsidies to public transport, saying 93% now benefits private vehicles.
Business
Jun 12, 2026 | 10:27 am
Purbaya Yet to Assess Subsidy Impact of Potential Shift to Pertalite
Purbaya says the government has not assessed the fiscal impact of a potential shift from Pertamax to subsidized Pertalite.
Business
Jun 11, 2026 | 4:08 pm
Indonesian Stocks Retreat Amid US-Iran Conflict, Fuel Price Pressures
JCI closed lower as escalating US-Iran tensions and higher Pertamax prices fueled concerns over inflation and growth.
News
Jun 11, 2026 | 10:38 am
Indonesia Holds Subsidized Fuel Prices as Drivers Abandon Pertamax
Indonesia kept subsidized fuel prices unchanged despite a steep Pertamax hike that triggered long queues for cheaper fuel.
Business
Jun 10, 2026 | 5:45 pm
Indonesia Prepares Stimulus as Pertamax Price Jumps 32%
Indonesia is preparing stimulus measures after Pertamax fuel prices surged 32%, raising inflation concerns.
Business
Jun 10, 2026 | 3:34 pm
Rate Hike, Fuel Price Surge Put Indonesia’s Middle Class Under Pressure
Indonesia's middle class faces mounting pressure as higher interest rates and fuel prices squeeze household budgets
Business
Jun 10, 2026 | 12:30 pm
Higher Pertamax Prices Risk Swelling Demand for Subsidized Gasoline
A sharp increase in Pertamax prices could push consumers toward subsidized fuels and increase the energy subsidy burden.
Business
Jun 10, 2026 | 10:25 am
Sudden Pertamax Price Hikes to Hurt Indonesia’s Middle Class
Pertamax prices rose from Rp 12,300 to Rp 16,250 (about $0.68-$0.90) per liter, possibly dealing a fatal blow to Indonesia's middle class.
Business
Jun 10, 2026 | 7:00 am
Pertamina Raises Pertamax Price by 32% as Global Oil Costs Climb
Pertamina has raised the price of its flagship Pertamax gasoline by more than 32%, while subsidized fuels remain unchanged.
Business
May 4, 2026 | 9:10 pm
Indonesia’s Premium Diesel Nears Rp 28,000/Liter After Sharp Price Hike
Indonesia raises premium diesel prices to record highs while keeping subsidized fuels unchanged to balance costs and stability.The Latest
Business
12 hours ago
Prabowo Orders Up to 50 Ethanol Plants to Support E20 Fuel Program
Indonesia plans E20 gasoline within years, backed by up to 50 new ethanol plants and a nationwide sugarcane replanting drive.
Lifestyle
14 hours ago
US, Canada, Mexico Claim Success as World Cup Co-Hosts
US, Canada, Mexico have claimed success as host countries for the World Cup as enthusiasm soars for the final match.
News
15 hours ago
China’s WAICO or US-Led Pax Silica? Indonesia Stays Neutral
Indonesia says that it is taking part in the two AI-related initiatives proposed by the rivalring major powers China and the US.
Business
17 hours ago
JCI Posts Strongest Weekly Gain in Months on Debt Confidence
Indonesia's benchmark index climbed 4.24% this week as healthy external debt data lifted sentiment despite global uncertainties.
News
Jul 17, 2026 | 9:19 pm
Febrie Adriansyah Denies All Allegations After 11-Hour AGO Questioning
Former prosecutor Febrie Adriansyah denied all allegations, including claims he received Rp 50 billion, after an 11-hour AGO questioning.Most Popular
1
Expert Calls for Policy Review as 8,000 Indonesians Give Up Citizenship
2
Indonesian Rescuers Save 45 After Tourist Boat Sinks En Route to Komodo
3
Indonesia to Route All Subsidized Goods Through Village Cooperatives
4
Indonesia Restarts $21 Billion Masela Gas Project After Nearly Three Decades
5
Febrie Adriansyah Denies All Allegations After 11-Hour AGO Questioning