Touted as shock absorber for middle class, the state oil and gas company Pertamina finally lifted the price of non-subsidized gasoline Pertamax (RON 92) as much as 32% from Rp12,300 to Rp16,25o per litre effective today (Jun 10). The decision might be expected to ease pressures on the compensation costs eventually charged by Pertamina to the State. To subscribe please click here
