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Imminent Hike in Fuel and Gas Prices
In the medium term, our strategy is to adjust the prices of the subsidized Pertalite fuel and diesel, and accelerate fuel substitution, for example, using bioethanol.
Motorcycle riders queue to fill up fuel at the Manahan gas station, Solo, Central Java, Wednesday (12/18/2019).
With the global rise in the prices of crude oil and natural gas, a hike in the domestic prices of fuel and LPG is inevitable. The impacts of the price hikes must be carefully anticipated.