Reduced Industrial Gas Price to be Announced Today
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Kamis, 1 Januari 1970 07:00 WIB
TEMPO.CO, Jakarta - Coordinating Minister for Economic Affairs, Darmin Nasution confirmed that his office will announce the price reduction of industrial gas today, Wednesday, November 23, 2016. In the coordination meeting last week, state officials decided that they would first reduce industrial gas prices for the petrochemical, fertilizer, and steel industries.
“Yes (it’s reduced), for three industries. It should reduce to below USD 6,” he said on Wednesday, November 23, 2016.
As for other industrial sectors outside the three mentioned sectors, Darmin explained that the government will attempt to reduce prices before the end of this year. “We’ll try to, before the year’s end, we will complete it,” he said.
On Tuesday, November 22, 2016, the Minister of Energy and Mineral Resources (ESDM), Ignasius Jonan, said that the reduction would be announced today. In last week’s meeting, he mentioned that the Minister Regulation is being set in order to support the gas price reduction.
According to Jonan, although the Minister Regulation would be announced this week, the reduced gas prices will start to take effect on January 1, 2017. The ESDM Deputy Minister Arcandra Tahar added that the price reduction would be assigned by his ministry using a certain formula.
ANGELINA ANJAR SAWITRI