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Industry Ministry Finalizes Regulations on Natural Gas Price Cut

Translator

Editor

30 July 2016 09:46 WIB

ANTARA FOTO/Ismar Patrizki

TEMPO.CO, Jakarta - Industry Ministry is finalizing the regulation of the Minister of Industry that serves a basis for the cutting of gas prices for seven kinds of industry.

"We’re finalizing the regulation,” said Director General of Textile Chemical Industries of the Industry Ministry Achmad Sigit Dwiwahjono in Jakarta on Friday (29/7).

Those seven industries that will receive the discounted prices of gas are fertilizer industries, petrochemical industries, oleo chemical industries, steel industries, ceramic industries, glass industries, and rubber glove industries.

Previously, the government issued a presidential regulation number 40 of 2016 on the Determination of Natural Gas Prices.

The regulation is part of the Third Policy Package of President Joko Widodo that promises the cut of natural gas prices for certain industries.

ANTARA


 
Oil and gas


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