Coming Increase in Fuel Price, BPH Migas Monitor Number of Retail Outlets in Indonesia

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ibraJakarta – Coming to the price hike of fuel oil (BBM) planned by the governmentin November, the Regulatory Agency for Upstream Oil and Gas (BPH Migas) tomonitor the number of retail outlets in in Indonesia.

Monitoring by BPH Migas team not only performed in the channeling institutionof PT Pertamina (Persero) but also enterprises companion, namely PT. Aneka Kimia Raya (AKR) who participated distribute subsidized fuel.

BPH Migas committee expressed Ibrahim Hashim, any planned increase in fuel prices anywhere in the world, including in Indonesia certainly has an impactand mixed reactions from the public.

“The reaction of the public on fuel price hike is definitely diverse. For example, because of panic, finally make a purchase in bulk”, said Ibrahim, Tuesday (11.11.2014) in Jakarta.

Ibrahim, who is monitoring the distribution of fuel to the region of North Sumatra and Aceh said, despite the discourse of the government to raise subsidized fuel prices, but there are no queues at the pump.

“There is a slight increase in sales. PROGNOSIS realization is estimated to exceed 1 percent”, he said.

Middle of the rainy season and landslides in the region, continued Ibrahim is expected to depress consumption, so as to reduce the total consumption.

Subsidized fuel distribution monitoring recananya continue ternasuk Pertamina already made a post.

Associated with inventory stock of fuel, Ibrahim added in a secure state. “The supply of fuel at all terminals of the fuel in a safe state”, said Ibrahim. (FA)