"Rp1 Trillion Loss per Year"

The news has spread like wildfire: the price of oil will increase 12 percent at the beginning of October. Baihaki Hakim, the 58-year-old president director of Pertamina, became a public figure overnight. In particular, one question was fired at him: Why now, when the price of oil has been increasing in the past two months to more than US$30 per barrel in the international market? The question was accompanied by other, more familiar ones: Why c

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