After the 24-Hour Notice

The president and several ministers simultaneously rejected the price increase of non-subsidized LPG. Pertamina is subsidizing the upper middle class and the industry by Rp5.3 trillion.

January 14, 2014

Not even one week into the New Year did Bisma experience two major problems. The manager of gas agent Paramitha Utama in Yogyakarta had to bear losses due to the pricing policy of liquefied petroleum gas (LPG) by Pertamina. At the beginning of the year, the 100-percent state-owned company raised the price of 12-kilogram LPG by Rp3,959.

But the new pricing policy lasted only five days. Pertamina reduced the increase to Rp1,000 per kilogram on Janua

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