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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.
State-owned oil and gas company PT Pertamina decreases the price for certain types of fuel .
The regulation is issued to maintain the stability of fuel prices.
State energy company Pertamina lowers the price of non-subsidized fuel today.
The People's Conscience Party claimed that they opposed the rise of fuel price for the sake of people's prosperity.
President Susilo Bambang Yudhoyono (SBY) said that his government will not raise subsidized fuel prices because it will further burden the people.
The Economic Minister Chief ensured that the government will not raise fuel price until 20 October or until the end of President Yudhoyono's term.
The Energy Ministry dismisses rumors that oil fuel subsidies have inflated due to the rupiah correction against the US dollar
The government has included new fuel oil prices in the third phase of the economic policy package
Pertamina hand over several options to lower fuel prices to the government.
Any deviation noted in the next three months will be used to decide whether prices should be increased or not in January 2016.
The Energy and Mineral Resources Ministry stated that fuel price will not increase until the end of January 2016
Pertamina's new fuel, Pertalite, is expected not to trigger exaggerated market reactions.
Energy and Mineral Resources Minister Sudirman Said dismissed price adjustment proposed by the Directorate General of Oil and Gas.
The government will gradually remove fuel subsidies.
The move is in line with the government`s target to rein in inflation growth.
The Energy and Mineral Resources Ministry said that it would adjust fuel prices quarterly to avoid frequent price fluctuations.
The government has decided that fuel prices to remain unchanged despite increasing crude oil prices during the evaluation period.
The evaluation results will determine a decision whether Pertamina will apply new prices.