Competitor Wanted

Pertamina has once again increased the price of LPG. What this state-owned oil & gas company in fact needs is some healthy competition.

March 23, 2004

A MID all the hustle and bustle of the 2004 General Elections campaign, Pertamina has very quietly and quite surprisingly gone ahead and increased the price of gas for household use (liquefied petroleum gas or LPG) by 5 percent to Rp3,000 per kilogram. This price increase came into effect as of Monday last week. Pertamina's excuse for raising the price of LPG was to both cover losses resulting from losses in the price increase of LPG on the

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