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ESDM Deputy Minister Arcandra Tahar asserted that Pertamina would not go bankrupt for applying one-price fuel policy.
The government through the Energy and Mineral Resources Ministry (ESDM Ministry) dropped fuel prices through a decree starting on February 10, 2019.
The Energy and Mineral Resources Ministry (ESDM Ministry) asserted that the lower price of a number of the fuel was not related to the election in April.
The regulation is issued to maintain the stability of fuel prices.
The Ministry of Energy and Mineral Resources (ESDM) said it has completed the draft of a special mining business permit (IUPK) for Freeport Indonesia.